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MCQs

Total Questions : 50 | Page 3 of 5 pages
Question 21. Which of these is not a feature of departmental store
  1.    Elimination of middlemen
  2.    Centralized buying and Decentralized selling
  3.    Shopping Convenience
  4.    Cash and Carry
 Discuss Question
Answer: Option D. -> Cash and Carry
Question 22. Which of the following risks borne by the retailers?
  1.    Storage risk
  2.    Pilferage risk
  3.    Risk of obsolescence
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 23. Which of the following function is not performed by the retailers
  1.    Risk bearing
  2.    Selling goods in large quantities
  3.    Grading of products
  4.    None of the above
 Discuss Question
Answer: Option B. -> Selling goods in large quantities
Question 24. It comes under Internal Trade
  1.    Wholesale Trade
  2.    Retail Trade
  3.    Both the above
  4.    None of the above
 Discuss Question
Answer: Option C. -> Both the above
Question 25. The wholesalers serves as a link between the
  1.    Manufacturer and retailers
  2.    Retailers and consumers
  3.    Manufacturers and consumers
  4.    None of the above
 Discuss Question
Answer: Option A. -> Manufacturer and retailers
Question 26. Which of the following activities are undertaken by the wholesalers
  1.    Grading of the product
  2.    storage
  3.    promotion of ggoods
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
Question 27. Which of these is a limitation of Departmental Store
  1.    Convenience in buying
  2.    Huge investment
  3.    Attractive services
  4.    Promotion of sales
 Discuss Question
Answer: Option B. -> Huge investment
Question 28. This retail business acts as a universal supplier of a wide variety of products
  1.    Multiple shop
  2.    Wholesalers
  3.    Departmental Stores
  4.    Retailers
 Discuss Question
Answer: Option C. -> Departmental Stores
Question 29. The type of retail business acts as a supplier of a wide variety of products under one roof:
  1.    a) Departmental store
  2.    b) Chain-store
  3.    c) Mail-order house
  4.    d) Multiple-shop
 Discuss Question
Answer: Option A. -> a) Departmental store
Question 30. Chain stores are also called as Multiple Shops
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True

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