1. Amount of Risk in Retail Business is
(1) Less than wholesalers
(2) Equals to wholesale
(3) More than wholesalers
(4) Average
(5) None of above
2. Credit facilities in Retail Trade is
(1) More
(3) Minimum
(4) Less than wholesalers
(5) None of these
3. Credit Facilities in wholesale Trade is
(1) More
(3) minimum
(4) Less than Retail Trade
(5) None of above
4. Degree of importance of Business place in Retail Trade is
(1) Minimum
(3) Average
(4) Not applicable
(5) None of above
5. Degree of importance of Business place in Wholesale Trade is
(1) Minimum
(3) Average
(4) Not applicable
(5) All of above
6. Scope of Business Areas–
(1) Wide in wholesale
(2) Narrow in Retail
(3) Unlimited in wholesales
(4) 1 and 2
(5) None of above
7. Services of wholesalers to manufacturers is
(1) Distribution services
(2) Demand analysis
(3) Help in Large scale production
(4) Proceed towards lesses
(5) 1, 2 and 3
8. Services of wholesalers to retailers is
(1) Financial Help
(2) Consultations
(3) Stability in Prices
(4)Specialisation
(5) All of above
9. What type of relationship is there between consumer and retailer?
(1) Direct
(2) Indirect
(3) Marginal
(4) Vertical
(5) Straight
10. Which type of decisions are taken in regular course of action?
(1) Major Decision
(2) Risky Decision
(3) Routine Decision
(4) Rare Decision
(5) Minor Decision
Answers will be provided soon
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