Wholesale and Retail trade

All of these could cause producer to embrace direct distribution except

(a)If the goods are perishable in nature (b)If the goods are technical in nature (c)If the producer does the branding and packaging (d)If the producer doesnt have a warehouse

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Eliminating middle men in channel of distribution can lead to

(a)Hike in prices of goods (b)Employment opportunities for retailers (c)High distribution cost for producer (d)High Turnover for producer

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All of these are the major function of wholesalers except?

(a)Bulk breaking (b)Unit selling (c)Advertisement (d)Stock clearing

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Most retailers regard Wholesalers as one stop shop because

(a)They are located near the bus stop (b)They offer variety (c)They sell in bulk (d)Retailers cannot stop them from making profit

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The function of breaking bulk and rewrapping in a different package is regarded as

(a)Bulk breaking (b)Beautifying (c)Unit selling (d)Packaging

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A channel of distribution is regarded to as Direct when goods moves

(a)Wholesaler to Consumer (b)Retailers to consumers (c)Producers to consumers (d)Producers to middlemen

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All of these is a reasons a producer will eliminate middle men except

(a)To sell cheap product (b)To make Excess Profit (c)Because the goods are non perishable (d)Because the goods are expensive

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who among the following is a middleman?

(a)manufacturer (b)agent (c)insurer (d)consumer

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Which of the following can be defined as trade and aid to trade?

(a)Advertising (b)Commerce (c)Wholesaling (d)Retailing

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A retail outlet which sells a fairly range of goods with a number of branches in different towns is a

(a)supermarket (b)mail-order shop (c)mobile shop (d)multiple shop

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Which of the following is not a function of a retailer?

(a)supplying goods to final consumers (b)Bulk breaking (c)Giving information to the wholesaler (d)Branding and packaging of goods

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A chain store is also known as a

(a)Departmental store (b)Multiple store (c)Supermarket (d)Hypermarket

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A retail outlet meant to sell only a particular manufacturer's product is known as

(a)co-operative shop (b)chain store (c)departmental store (d)tied shop

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The scope of commerce is limited to

(a)Home trade and foreign trade (b)Wholesale and retail trade (c)Trade and aids-to-trade (d)Wholesale and retail trade

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Which of the following is the best channel for the sale of an aircraft?

(a)Producer-wholesaler-consumer (b)Producer-retailer-consumer (c)Producer-consumer (d)Producer-wholesaler-retailer-consumer

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Which of the following is not an advantage of large scale retailing?

(a)Decline in personal service (b)Pilfering (c)High overhead cost (d)One-stop shopping

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Which of these requires the services of the middlemen?

(a)Technical goods (b)Expensive goods (c)Convenience goods (d)Perishable goods

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The aids to trade responsible for the preservation of perishable items is

(a)warehousing (b)insurance (c)transportation (d)advertising

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Which of the following will not be considered in choosing a channel of distribution ?

(a)nature of product (b)preference of consumers (c)volume of sales (d)quality of products

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A manufacturer of goods that are seasonally demanded will be in dire need of a ?

(a)wealthy customer (b)suitable means of transport (c)warehouse (d)large shop frontage

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You'll have 60 seconds to answer each question.

Time's Up

Score:

Your fingernails and hair keep growing after you die

Result

Total Questions: 9

You attempted: 8

Correct : 3

Wrong: 5

Percentage: 33%