Question # 1

Mobile retailer is an ancient kind of:

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Wholesaling

Retailing

Agency

All of the above

A shopkeeper who buys goods in a less quantity and sells it to consumer is called:

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Wholesaler

Retailer

Producer

Agent

The small retailers work

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At one place

In streets

On medium scale

On large scale

A retailer sells goods to:

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Consumer

Wholesaler

Manufacturer

All the above

The capital needed for a departmental store is

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Less

More

Mechanical

None of the above

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

A retailer generally buys goods from the:

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Government

Wholesaler

Industrialist

All the above

The goods are sold in a chain store at:

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One price

Different prices

Fixed price

All the above

A retailer buys and sells goods in:

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Reasonable quantity

Abundant quantity

Less quantity

All the above

The management of multiple shops is controlled by:

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Central office

Provincial office

Regional office

Any office

A retailer generally buys goods from the

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Government

Wholesaler

Industrialist

All the above

The quantity of goods sold to consumers in a departmental store is:

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Reasonable

More

Small

All of the above

All the section of a departmental store can be found in

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Four buildings

Two buildings

One buildings

Many buildings

A retailer buys good from following market:

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National / home

Local

International

All of the above

The capital needed for a departmental store is:

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Less

More

Mechanical

None of the above

The small retailers sell their goods

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On credit

On cash

On cash to rich and no credit to poor

All of the above

The departmental store are generally found:

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Outside the city

In important centers of the city

In center of the city

In all areas

A consumer has a direct link with

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Retailer

Wholesaler

Industrialist

Agent

The departmental stores are generally found

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Outside the city

In important centers of the city

In center of the city

In all areas

A retailer has direct contact with:

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Consumers

Wholesaler

Both (a) and (b)

Manufacturer

A retailer buys and sells goods in

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Reasonable quantity

Abundant quantity

Less quantity

All the above

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Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test MCQs With Answers

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