Internal Trade MCQ

Below Internal Trade quiz are Multiple Choice Questions (MCQs) type Quiz. These Internal Trade MCQ Questions helps you to refresh your Internal Trade, you can see the correct option by clicking on it. .
  • 1. Which is not characteristic of wholesaler:

    • (a) Selling goods on large scale
    • (b) Direct relation with customers
    • (d) Trade of limited goods
  • 2. Which is not related to the trade by moving from one place to another:

    • (a) Hawkers
    • (b) Street sellers
    • (c) Peddlers
    • (d) Street shops.
  • 3. It is characteristics of …… where in one roof goods are sold by making different departments:

    • (a) Multiple shops
    • (b) Departmental stores
    • (c) Wholesale trade
    • (d) None of these.
  • 4. Shop where manufacturer also sells the goods:

    • (a) Chain shops
    • (b) Departmental shops
    • (c) Hawkers
    • (d) Stall shops.
  • 5. Which of the following risks borne by the retailers?

    • Storage risk
    • Pilferage risk
    • Risk of obsolescence
    • All of the above
  • 6. Number of sellers in the automatic vending machine:

    • (a) One who sell goods
    • (b) Not even one
    • (c) One who received goods
    • (d) Two, one seller and other receiving payment
  • 7. All the branches of chain stores are controlled by the ____.

    • Headoffice
  • 8. 1. The type of retail business acts as a supplier of a wide variety of products under one roof:

    • a) Departmental store
    • b) Chain-store
    • c) Mail-order house
    • d)Multiple-shop
  • 9. Which of these is not a feature of departmental store.

    • Elimination of middlemen
    • Centralized buying and Decentralized selling
    • Shopping Convenience
    • Cash and Carry
  • 10. Lack of initiative in the employees while dealing with customers in chain stores results in

    • a. Lack of personal touch
    • b. Low sales
    • c. Conflicts
    • d)Loose the customers