MBA Internal Trade — practice questions
22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice MBA Internal Trade in the app →Trade is classified as internal or external on the basis of the:Buying and selling of goods within the boundaries of a nation is:No custom duty or import duty is levied on internal trade because the goods are:Payment in internal trade is generally made in the:Purchase and sale of goods in large quantities for resale or intermediate use is:Purchase and sale of goods in small quantities to ultimate consumers is:Wholesalers serve as an important link between manufacturers and:By pooling small orders from many retailers, wholesalers help producers to:Wholesalers who keep goods in their own warehouses bear risks such as:Wholesalers help manufacturers financially mainly by:Being in direct contact with retailers, wholesalers can give manufacturers:By buying goods as they are produced and storing them, wholesalers help:By storing goods in their godowns, wholesalers provide:Wholesalers relieve retailers of collecting goods from many producers by ensuring:Wholesalers who extend credit to regular retail customers let those retailers run on:Because they specialise in one line of products, wholesalers pass on to retailers their:Retailers buying in small quantities from wholesalers avoid the risk of:A business enterprise selling goods directly to ultimate consumers is a:Retailing represents which stage in the distribution of goods?Selling ball pens in a bus or vegetables by the roadside counts as retailing because the goods go to:Which of these is a function performed by a retailer?Internal trade aims at equitable distribution of goods within a nation speedily and at: