Business Studies

Internal Trade

Question:

Enumerate the services of the wholesaler to manufacturer and some general services.

Answer:

Buying goods in large quantities from the manufacturer and selling them in small quantities to the retailer to cater the needs of the consumer is termed as wholesale trade. The person who undertakes such a trade is known as wholesaler. The wholesaler acts as an intermediary between the producer and the retailer. He is known as the first intermediary in the channel of distribution. The wholesaler distributes business works amongst the members of the staff in such a way that the whole enterprise may work as a complete unit. The distribution of work should be done in such a manner as to yield maximum efficiency at minimum troubles.
To Manufacturers

  1. The wholesaler provides valuable information to the producers regarding the needs and the requirements of the consumer.
  2. As the wholesaler takes the responsibility of collecting order from retailers, he relieves the producers from this task and thereby encourage producers to concentrate on production.
  3. The wholesaler provides finance to the producers at the time of need.
  4. The wholesaler helps the producers in determining the quality and quantity of goods to be produced as he is in direct contact with the retailers.
  5. The producers are helped to maintain steady prices for the product because wholesaler buys when prices are low and sell when prices are high.

General Service

  1. There are certain goods which are to be assembled or graded before they pass to the retailer or the consumer. For these goods the presence of wholesaler is a must.
  2. Wholesaler helps in standardisation and grading of the products.
  3. For marketing of food grains the services of the wholesalers cannot be dispensed with because they help in packing and re-packing of goods.
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Internal Trade

Q 1.

Explain important terms used in context of internal trade.

Q 2.

Mention different types of Chambers of Commerce in India. Explain any one.

Q 3.

Describe the role and functions of the Chamber of Commerce.

Q 4.

Used goods are bought and sold in which type of shops.

Q 5.

Name the retail outlets that sell merchandise through mail.

Q 6.

What difficulties will be faced by the consumers if retailers are eliminated from the chain?

Q 7.

Explain the services of a wholesaler to a retailer, consumer and general services.

Q 8.

Enumerate the services of the wholesaler to manufacturer and some general services.

Q 9.

How does market information provided by wholesalers benefit the manufacturers?

Q 10.

Explain different types of fixed shops under retail trade.

Q 11.

What purpose is served by wholesalers providing warehousing facilities?

Q 12.

Explain the meaning, features, advantages and disadvantages of super market.

Q 13.

Explain the services offered by the wholesalers to the manufacturers.

Q 14.

Goods with little defects are sold in which type of shops?

Q 15.

Enumerate the features of retail trade.

Q 16.

Large quantity buying is characteristic of which trade?

Q 17.

What is a departmental store?

Q 18.

What is meant by internal trade?

Q 19.

Name the retail organization where same types of commodities are sold at uniform prices located all over the country.

Q 20.

In which business are goods bought and sold through postal services?

Q 21.

What type of goods are suitable for Automatic vending machines?

Q 22.

What do you mean by internal trade?

Q 23.

Who are Itinerants?

Q 24.

Name any two Itinerants.

Q 25.

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 26.

What difficulties can a consumer face if there is no retail shop?

Q 27.

What are the services offered by retailers to wholesalers and consumers?

Q 28.

Discuss advantages and disadvantages of Mail Oraer House.

Q 29.

Name the machine in which goods are bought and sold by inserting coins.

Q 30.

Give the full form of FICCI.

Q 31.

What are the differences between departmental stores and multiple shops?

Q 32.

How do the wholesalers help the manufacturer in availing the economies of scale?

Q 33.

Give any two services of retailer to the customers.

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.

Write a short note on Vending Machines.

Q 36.

What difficulties will be faced by the manufacturers if wholesalers are eliminated from the chain?

Q 37.

What is meant by Automatic vending machines?

Q 38.

Mention and define the documents which are used in internal trade.

Q 39.

Distinguish between single line stores and specialty stores. Can you identify such stores in your locality?

Q 40.

Discuss the meaning, features and advantages of Consumer Cooperative Store.

Q 41.

Explain the meaning and advantages of carrying on mail order business.

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.