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Class 11 Business Studies
Internal Trade
Quiz 1
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It helps disabled and elderly people.
0%
Tele-shopping
0%
E-commerce
0%
multiple shop
0%
installment system
Explanation
Tele-shopping
The aim is to economies by buying in common and to retain their profits by selling in common.
0%
multiple shop
0%
web marketing
0%
teleshopping
0%
consumer?s co-operative store
Explanation
consumer?s co-operative store
This retail business acts as a universal supplier of a wide variety of products.
0%
Departmental store
0%
Multiple shop
0%
Mail order Business. (d) Tele-shopping
Explanation
Departmental store
____ are mobile traders who deal in low priced articles with no fixed place of business.
0%
Street stalls
0%
Retailers
0%
Itinerant traders
0%
Agents
Explanation
Itinerant traders
____________ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise. (a) Wholesaler
0%
Wholesaler
0%
Agent
0%
Retailer
0%
Mercantile agent
Explanation
Wholesaler
A warehouse keeper accepts goods for the purpose of ____________
0%
Selling
0%
Packaging
0%
Export
0%
Storage
Explanation
Storage
When goods are imported for the purpose of export is called as _________
0%
Foreign trade
0%
Entrepot
0%
Home trade
0%
Trade
Explanation
Entrepot
The purchase of goods from a foreign country is called ____________
0%
Entreport
0%
Import
0%
Re-Export
0%
Export
Explanation
Import
The risk of bad debts in this business is eliminated particularly when payment is received through V. P. P.
0%
Tele-shopping
0%
mail order trading house
0%
Departmental store
0%
co-operative store
Explanation
mail order trading house
It is a network of a number of branches situated at different localities in the city or in the different parts of the country.
0%
Multiple shop
0%
Consumers? co-operative store
0%
Hire purchase system
0%
Internet marketing
Explanation
Multiple shop
Small scale Fixed retailers includes ____________
0%
Hawkers
0%
Pedlars
0%
Cheap Jacks
0%
General stores
Explanation
General stores
____________ are agents who merely bring the buyer and the seller into contact.
0%
Selling agent
0%
Commission agent
0%
Stockist
0%
Broker
Explanation
Broker
Wholesaler?s deals in ____________ quantity of goods
0%
Small
0%
Limited
0%
Large
0%
Medium
Explanation
Large
An agent is appointed by the ____________
0%
Principal
0%
Manufacturer
0%
Wholesaler
0%
Retailer
Explanation
Principal
The persons who come in between the primary producer and the final consumer to promote trade is called as ____________
0%
Trader
0%
Middleman
0%
Auctioneer
0%
Agent
Explanation
Middleman
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