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Total Questions : 50 | Page 2 of 5 pages
Question 11. Express the following interval in Set notation:[3, 5]
  1.    3 ≤ x ≤ 5
  2.    3 < x ≤ 5
  3.    3 ≤ x < 5
  4.    3 < x < 5
 Discuss Question
Answer: Option A. -> 3 ≤ x ≤ 5
Question 12. Express the following in Interval Notation -9 < x ≤ -4
  1.    [-9, -4]
  2.    (-9,-4]
  3.    [-9, -4]
  4.    (-9,-4)
 Discuss Question
Answer: Option B. -> (-9,-4]
Question 13. Express the following in Interval Notation-9 < x ≤ -4
  1.    [-9, -4]
  2.    (-9,-4]
  3.    [-9, -4]
  4.    (-9,-4)
 Discuss Question
Answer: Option B. -> (-9,-4]
Question 14. Express the following in Interval Notation-8 ≤ x < 8
  1.    [-8, 8]
  2.    [-8,8)
  3.    (-8, 8]
  4.    (-8, 8)
 Discuss Question
Answer: Option B. -> [-8,8)
Question 15. Which of the following is not the feature of Departmental stores?
  1.    Wide spectrum of facilities under one roof
  2.    Located at central place of the city
  3.    less operating costs
  4.    Eliminate middlemen
 Discuss Question
Answer: Option C. -> less operating costs
Question 16. Following is the advantages of chain stores:
  1.    No Bad debts
  2.    Economies of scale
  3.    Diffusion of risk
  4.    all the above
 Discuss Question
Answer: Option D. -> all the above
Question 17. Usually high income group of customers who give more weightage to value added services rather than the prices of the product visit these stores
  1.    Departmental stores
  2.    Multiple Stores
  3.    General stores
  4.    all of the above
 Discuss Question
Answer: Option A. -> Departmental stores
Question 18. Wholesaling is concerned with the activities of those persons or establishments which sell goods to
  1.    Retailers
  2.    Industrial uses
  3.    commercial uses
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
Question 19. A Chain Stores sells only one or two line of Goods is Known as
  1.    Limited choice
  2.    Flexibility
  3.    Low Cost
  4.    Diffusion of risk
 Discuss Question
Answer: Option A. -> Limited choice
Question 20. Why is there no Bad Debt in Multiple Shop
  1.    Because of Centralised Management
  2.    Because of Cash and Carry
  3.    Because of Convenient location
  4.    Because Centralized buying and decentralized selling.
 Discuss Question
Answer: Option B. -> Because of Cash and Carry

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