Question:
What are the services offered by retailers to wholesalers and consumers?
Answer:
Retailers offer a variety of services to wholesalers and customers. Some of these services are listed below.
- They provide information to customers: Retailers provide information to customers about the new products available in the market, their features, prices, etc. This information helps customers decide which product to buy.
- They provide information to wholesalers: Retailers provide information to wholesalers, such as the tastes and preferences of customers, prevailing market conditions and level of competition in the market. Wholesalers pass on this information to manufacturers.
- They store a wide variety of goods: Retailers generally store a wide variety of goods based on consumer tastes and preferences and thus allow customers to choose from the available range of products.
- They facilitate distribution of goods: Retailers facilitate the distribution of goods to consumers for final consumption.
- They help in promotion of goods: Since retailers are in direct touch with customers, they can promote the sale of goods through personal interaction. Thus, retailers help wholesalers and manufactures in promoting the sale of goods.
Internal Trade
Q 1.
What difficulties will be faced by the consumers if retailers are eliminated from the chain?
Q 2.
Enumerate the services of the wholesaler to manufacturer and some general services.
Q 3.
Mention different types of Chambers of Commerce in India. Explain any one.
Q 4.
Used goods are bought and sold in which type of shops.
Q 5.
Explain important terms used in context of internal trade.
Q 6.
Explain different types of fixed shops under retail trade.
Q 7.
What purpose is served by wholesalers providing warehousing facilities?
Q 8.
Large quantity buying is characteristic of which trade?
Q 9.
Describe the role and functions of the Chamber of Commerce.
Q 10.
Explain the services offered by the wholesalers to the manufacturers.
Q 11.
What is a departmental store?
Q 12.
How does market information provided by wholesalers benefit the manufacturers?
Q 13.
Name the retail outlets that sell merchandise through mail.
Q 14.
Explain the services of a wholesaler to a retailer, consumer and general services.
Q 15.
Explain the meaning, features, advantages and disadvantages of super market.
Q 16.
Who are Itinerants?
Q 17.
In which business are goods bought and sold through postal services?
Q 18.
Enumerate the features of retail trade.
Q 19.
Name the retail organization where same types of commodities are sold at uniform prices located all over the country.
Q 20.
Goods with little defects are sold in which type of shops?
Q 21.
What is meant by internal trade?
Q 22.
Name any two Itinerants.
Q 23.
What are the services offered by retailers to wholesalers and consumers?
Q 24.
What do you mean by internal trade?
Q 25.
What type of goods are suitable for Automatic vending machines?
Q 26.
What difficulties can a consumer face if there is no retail shop?
Q 27.
Discuss advantages and disadvantages of Mail Oraer House.
Q 28.
Name the machine in which goods are bought and sold by inserting coins.
Q 29.
Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.
Q 30.
Give any two services of retailer to the customers.
Q 31.
What are the differences between departmental stores and multiple shops?
Q 32.
Give the full form of FICCI.
Q 33.
How do the wholesalers help the manufacturer in availing the economies of scale?
Q 34.
"The chambers interact with the government at different levels to reorient or put in place policies which reduce trade hindrances."Comment.
Q 35.
Mention and define the documents which are used in internal trade.
Q 36.
Write a short note on Vending Machines.
Q 37.
What is meant by Automatic vending machines?
Q 38.
What difficulties will be faced by the manufacturers if wholesalers are eliminated from the chain?
Q 39.
Distinguish between single line stores and specialty stores. Can you identify such stores in your locality?
Q 40.
Explain the meaning and advantages of carrying on mail order business.
Q 41.
Discuss the meaning, features and advantages of Consumer Cooperative Store.
Q 42.
Give one example of chain stores.
Q 43.
How would you differentiate between street traders and street shops?
Q 44.
Name and define different large scale retail shops.
Q 45.
Why are consumers cooperative stores considered to be less expensive? What are its relative advantages over other large scale retailers?
Q 46.
What is the difference between a hawker and a peddler?
Q 47.
Name any two departmental stores.
Q 48.
Who are itinerants? Name different types of itinerants.
Q 49.
Specify the characteristics of fixed shop retailers.
Q 50.
Explain different types of small scale retail shops.
