Internal Trade Testing 1 (Direct questions)

(1) (2) (3) (4)

(5) (6)

(7)

(8)

(9)

Define and explain the features of Wholesaler. Explain the various services provided by Wholesaler. Define Retail Trade. Explain its features. Explain the services provided by retailer to Customers, Wholesaler and Manufacturer. Give the classification of Retail Trade. Who are itinerant retailers? Explain the features and types of Iterant retailers. (A) What are small scale shop retailers? Explain its type. (B) What are large scale shop retailers? Name its types. (A) Define and explain the features of departmental stores. (B) Define and explain the features of Super Market. (C) What are Chain Stores? Explain its features. (D) What is one price shop? Give its features. What do you mean by Chamber of Commerce? Explain the role of Chamber of Commerce and Industry.

(10)

Distinguish between: (1) Wholesaler and Retailer. (2) Itinerant Retailer and Non-itinerant Retailer. (3) General Store Shop and Speciality Shop. (4) Departmental Store and Chain Store. (5) Depart mental Store and Super Market Store. (6) Street Vendor and Street Stall holders. giving reasons whether the following statements are True or False:

(11) State (1) (2) (3) (4) (5)

The wholesaler can be eliminated. Wholesaler is the last link in the channel of distribution. Wholesaler deals in variety of goods. Wholesalers capital requirement is large. Wholesaler provides market information.

Wholesalers are the real risk bearer. (7) Wholesaler is a guide and friend of retailers. (8) Wholesaler carries business in local market. (9) Wholesaler competes with manufacturer. (10) Wholesalers turnover is less. (11) A retailer sells goods in bulk quantities. (12) A retailer has no direct contact with wholesaler. (13) Peddlers carry their goods on hand carts. (14) The market trader sells goods only on particular days. (15) A retailer attends to customers personally. (16) A retailer is indifferent to customers needs. (17) A retailer always sells goods on cash basis. (18) A manufacturer can act as a retailer. (19) The need for retailer does not arise in case of perishable goods. (20) The chap jack does not have a permanent place. (21) Prices of goods sold by mobile retailers are high. (22) A fixed retailer has personal contacts with the customers. (23) Retail prices are lower than wholesaler prices. (24) Street stall holders are permanent established shop keepers. (25) Cheap jacks are reliable and dependable. (26) Mobile retailers and itinerant retailers are same. (27) Mobile retailers sell qualitative goods. (28) Mobile retailers operate in central market. (29) There is no risk of bad debts in chain shop system. (30) Departmental stores are situated in residential areas. (31) Chain shops have many shops under one roof. (32) Departmental stores approach customers. (33) Chain stores deal in variety of goods. (34) Supermarket deals with standardized goods. (35) Salesman helps the customer in supermarket. (36) Supermarkets are known as Cash and Carry stores. (37) Departmental store is suitable to poor people. (38) There is no wide choice to customers in a departmental store. (39) A departmental store requires huge capital. (40) There is limited choice to customers in a chain shop.
(6)

(41) Departmental

stores have to spend heavily on advertisement and publicity. (42) Departmental store is a collection of speciality shops under one roof. (43) Prices in chain shops are reasonable. (44) Branch managers of chain shops have wide powers. (45) Chain shops offer various facilities to customers. (46) Chain shops sell limited variety of goods. (47) Chain shops sell goods on credit basis. (48) Purchases in chain shops are centralized. (49) One price shops sell low priced articles. (50) Super markets sell all types of goods. (51) Self-service is the features of super market. (52) Retailer always sells goods on cash basis. (53) Departmental stores prefer central location. (54) Super market shops offer home delivery facilities to customers. (55) Retailer is a link between manufacturer and wholesaler. Testing II Q.1. (A) Select the proper option from the options given below and rewrite the sentences:
(1) (2)

(3) (4)

(5)

(6)

(7)

(8)

(9)

Retailer is the ________ link in the chain of distribution. (first, second, last) Purchases of retailer are from _________. (manufacturer, wholesaler, hawkers). Retailers deal in ________ variety of goods. (wide, limited) Retailers offer local conveniences by opening shops in the _____ (shopping centres, crowded places, residential areas). Retailers supply market information to the _______ through wholesalers. (consumers, manufacturers) Retailers provide information about goods to _______. (Wholesaler, producers, consumers) A _________ comes in direct contact with consumers. (wholesaler, retailer). A retailer is a link between _____ and _______. (producers, wholesalers, consumers). Consumers get choice when they buy from ________.

(wholesaler, producer, retailers) (10) Prices charged by retailers are generally ______ (higher, lower) (11) The retailers who do not have fixed place of business are called _______ retailers. (itinerant, fixed). (12) _________ carry goods on wheeled or hand carts. (Hawkers, Peddlers) (13) Peddlers carry goods on their _______ (head or back, pack animals, carts) (14) _________ hire shops on temporary basis. (Hawkers, Street Traders, Cheap Jacks) (15) Market traders and street traders are _____ retailers. (fixed, mobile, large scale) (16) A wholesaler invests ______ capital in his business. (small, large, less) (17) Wholesaler helps to _______ prices in the market. (stabilize, increase, decrease) (18) A retailer comes in direct contact with ______ (manufacturer, wholesaler, customers). (19) A retailer purchases goods from _____ (wholesaler, manufacturer, local market). (20) One price shop sales the goods at ______ prices. (high, low, fixed) (21) There are no salesmen in ______ shops. (Departmental Stores, Super Market, Chain Stores). (22) Maximum shopping convenience is available to the consumers at ______ stores. (Departmental, Chain, One price) Q1. (B). Match the following pairs: 1. (1) (2) (3) (4) (5) Group A Own warehouse Links manufacturer Wholesale Trade Wholesaler Sell to ultimate consumer Group - B (a) (b) (c) (d) (e) Retailer Wholesaler Resell in small quantity Buying in bulk Wholesaler

2. (1) (2) (3) (4) (5) 3. (1) (2) (3) (4) 4. (1) (2) (3) (4) (5) (6)

Group A A wholesaler A retailer First outlet Last outlet. Large Turnover Group A General Retailer Hawkers / peddlers Street Traders Cheap jacks Group A Speciality Shop Departmental Stores Market Trader General shop One price shop Peddlers

Group - B (a) (b) (b) (c) (d) A wholesaler A retailer A Wholesaler Small scale trader Large scale trader Group - B Hire shop on temporary basis Busy streets Mobile retailer Fixed shop Group - B Goods of higher prices One line of particular product Most common shop Fixed prices Business in market days Not fixed price Carry goods on head.

(a) (b) (c) (d)

(a) (b) (c) (d) (e) (f) (g)

5. (1) (2) (3) (4) (5)

Group A Wholesaler Retailer No salesmen Speciality stores Internal trade.

(a) (b) (c) (d) (e) (f) (g) (h)

Group - B Purchases goods from wholesaler Link between manufacturer and retailer. Purchase goods from agents. Trade in same country Specialized goods Super market shop Departmental stores General goods

Q.1. (C) Suggest commercial term or phrase for the following:

The middleman who sells product to final customers. (2) A trader dealing in large quantity and in particular line of goods. (3) A person who is intermediary between producer and retailer. (4) A trader who operates in a central market. (5) A link between the producer and the retailer in the distribution process. (6) A person who buys in bulk and sells in small quantities. (7) The merchant middleman between the manufacturer and retailer. (8) The trader who stabilizes the prices. (9) The first link in the system of distribution. (10) The trader who deals in few line of goods. (11) The trader who sells goods to retailers. (12) The merchant whose turnover is fast and large. (13) The dealer specialized goods in bulk. (14) A trader who purchases goods directly from the manufacturer or producer. (15) A trader who sells goods in small quantities. (16) A person who purchases goods from wholesaler. (17) A last link in the chain of distribution. (18) A middleman between the wholesaler and the consumer. (19) Retailers who do not have fixed place of business. (20) Retailers who carry goods on head or back. (21) Retailers who carry goods on pack animal or hand cart or wheeled cart. (22) Type of retailers selling goods on busy streets. (23) A retailer who hires place of business on temporary basis. (24) Retailer who sells goods preferably in residential areas at fixed place. (25) A person who moves from place to place to sell goods. (26) A trader who purchases goods directly from the manufacturer. (27) A trader who purchases goods from wholesaler. (28) A ret ail shop which operates through branches. (29) A shop where there is no salesman. (30) A store where many speciality shops are located under one roof. (31) A store where all the goods are available art same fixed prices. (32) A trader who is a link between the manufacturer and the retailer. (33) The ultimate person in need of goods.
(1)

Q.1. (D) Fill in the blanks:

Wholesaler trades in ____________ quantities. (2) Wholesaler is the ______ link in the channel of distribution. (3) Wholesaler helps manufacturers to concentrate on ______. (4) Wholesaler provides credit facility to _______. (5) Wholesaler links ______ and _____. (6) The price of goods is maintained by wholesaler by balancing demand and _____ of goods. (7) Because of large production the manufacturer can attain economics of ____. (8) Wholesaler operates in ______ market. (9) ______ deals in few goods. (10) Wholesaler helps to _______ prices. (11) Internal trade can be divided into _______ and Retail trade. (12) A wholesaler passes the information, collected from retailers to _______. (13) Re tail trade is restricted to _______ area. (14) The retailer deals in a wide ____ of goods to customers. (15) Wholesaler deals in _____ quantities of goods. (16) The person who conducts the retail trade is known as _______. (17) The hawkers carry the goods in ______. (18) Speciality shop deals in ______ goods. (19) Chain shop sells goods at ________ prices. (20) Depart mental stores require _______ capital. (21) Self service is the principle of _____ shop. (22) A retailer is ______ link in the distribution system. (23) A ______ comes in direct contact with consumers. (24) Street stall holder is a type of _____. (25) Mobile retailers have no ______ shop. (26) _______ is the connecting link between wholesaler and consumers. (27) The mobile retailers require _____ capital to start their business. (28) The peddlers carry the goods on their _____ or ______. (29) Trading on small scale is called ___________. (30) _______ comes in direct contact with customers. (31) Peddlers are ______ retailers. (32) Retailers deal in ____ variety of goods (33) In departmental stores purchases are _______ and sales are _______. (34) Prices of goods in departmental stores are________.
(1)

(35) Departmental

stores generally buy goods from _______. (36) A departmental store offers _____ to the customers. (37) There is _____ variety of goods in departmental stores. (38) Departmental stores are for ____ and for masses. (39) Branch Managers of chain shops have _____ powers. (40) _____ make centralized buying and decentralized selling. (41) Chain shops sell on _____ basis. (42) One price shops sells goods at _______ price. (43) Supermarket is an example of _____ retailer. (44) Supermarket resembles _______. (45) A supermarket re quires ______ premises. (46) _______ is an important feature of supermarket. (47) Departmental stores are _______ located. Q.2. Write Short Notes on the following: Types of internal trade. (2) Features of Wholesaler. (3) Services of wholesaler towards manufacturer. (4) Services of wholesaler towards retailers. (5) Services of wholesaler towards customers. (6) Features of Retailer. (7) Services of retailer towards customers. (8) Services of retailer towards wholesaler. (9) Services of retailer towards manufacturer. (10) Features of itinerant Retailers. (11) Types of itinerant Retailers. (12) Types of small scale retailer shops. (13) Types of large scale retailers shops. (14) Departmental Stores. (15) Supermarket. (16) Chain Stores. (17) Features of One price Shop. (18) General Store Retailer. (19) Second hand goods shop retailer. (20) Authorized Dealer retailers.
(1)

(21) Speciality (22) Peddlers. (23) Hawkers. (24) Street

shop retailer.

Traders. (25) Cheap Jacks. (26) Market Traders. (27) Chamber of Commerce and Industry. Q.3. Answer the following questions in detail:
(1) (2) (3) (4) (5)

(6) (7)

What do you mean by itinerant retailers? Explain its features. What are the chain stores? Explain their system of selling goods. What do you mean by Departmental Store? Explain its features. Explain the role of Chamber of Commerce and Industry in internal Trade. What do you mean by wholesaler? Explain various services given by wholesalers. What is chain distribution? Explain the need of the middleman in the market. What do you mean by retailers? Explain the features of retailers. *******