Question:
Explain different types of fixed shops under retail trade.
Answer:
Fixed shops are of two types: (A) Small scale and (B) Large scale.
(A) Small Scale:
There are different types of small retailers which are explained as under:
- Street Stalls Holders: These retailers carry their business on a very small scale basis in busy and crowded streets by erecting permanent shops. They purchase goods in large quantities from the wholesalers and local suppliers for reselling to the ultimate consumers.
They usually deal in household articles and products of daily need. These stall holders are usually the sole proprietors of their shops i.e. carrying every activity right from buying till final disbursement of goods to the consumers.
- Second Hand Goods Sellers: These dealers deal in second hand or used articles. They purchase these articles from public or private auctions and private households. These articles usually include used garments, furniture, books etc. These dealers meet the needs of the poor people who cannot afford new articles.
- General Shops: They deal in different variety of goods and are known as general merchants. The goods are meant for daily use or household purposes. They carry their business in permanent shops. They manage the shops themselves and are most often assisted by sales assistants.
Usually goods are sold on credit by these merchants to their permanent customers. They also provide free home delivery service and facility of exchange of rejected goods to the customers.
- Speciality Shops: These retailers deal in one particular line of goods e.g. books, utensils, shoes and medicines etc. These shops can be operated on small scale basis and managed by the owners themselves assisted by salesmen.
The most important advantage which can be derived from these shops is that the owners possess the specialised knowledge about the product which is very helpful in satisfying the customers.
(B) Large Scale Retailers:
The second type of retailers under fixed shops is large scale retailers. The large scale production and rapid urbanisation are responsible for the establishment of large scale retailing organizations.
Most prevalent of these are:
- Departmental Stores;
- Multiple Shops or Chain Stores;
- Mail Order Houses;
- Super-Markets;
- Co-operative Stores ; and
- Vending Machines
Internal Trade
Q 1.
Mention different types of Chambers of Commerce in India. Explain any one.
Q 2.
What difficulties will be faced by the consumers if retailers are eliminated from the chain?
Q 3.
Enumerate the services of the wholesaler to manufacturer and some general services.
Q 4.
Used goods are bought and sold in which type of shops.
Q 5.
Large quantity buying is characteristic of which trade?
Q 6.
Explain different types of fixed shops under retail trade.
Q 7.
Explain important terms used in context of internal trade.
Q 8.
Describe the role and functions of the Chamber of Commerce.
Q 9.
What purpose is served by wholesalers providing warehousing facilities?
Q 10.
How does market information provided by wholesalers benefit the manufacturers?
Q 11.
What is a departmental store?
Q 12.
Explain the services offered by the wholesalers to the manufacturers.
Q 13.
Explain the services of a wholesaler to a retailer, consumer and general services.
Q 14.
Explain the meaning, features, advantages and disadvantages of super market.
Q 15.
Name the retail outlets that sell merchandise through mail.
Q 16.
In which business are goods bought and sold through postal services?
Q 17.
Enumerate the features of retail trade.
Q 18.
What is meant by internal trade?
Q 19.
Who are Itinerants?
Q 20.
Name the retail organization where same types of commodities are sold at uniform prices located all over the country.
Q 21.
Goods with little defects are sold in which type of shops?
Q 22.
Name any two Itinerants.
Q 23.
What are the services offered by retailers to wholesalers and consumers?
Q 24.
What type of goods are suitable for Automatic vending machines?
Q 25.
What do you mean by internal trade?
Q 26.
What difficulties can a consumer face if there is no retail shop?
Q 27.
Name the machine in which goods are bought and sold by inserting coins.
Q 28.
Discuss advantages and disadvantages of Mail Oraer House.
Q 29.
Give any two services of retailer to the customers.
Q 30.
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 31.
Give the full form of FICCI.
Q 32.
What are the differences between departmental stores and multiple shops?
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.
What is meant by Automatic vending machines?
Q 37.
Write a short note on 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.
