Internal Trade
Short Answer Questions
1. What is meant by internal trade?
Ans-
2. Specify the characteristics of fixed shop retailers.
Ans-
3. What purpose is served by wholesalers providing warehousing facilities?
Ans-
4. How does market information provided by the wholesalers benefit the
manufacturers?
Ans-
5. How does the wholesaler help the manufacturer in availing the economies of
scale?
Ans-
6. Distinguish between single line stores and speciality stores. Can you identify
such stores in your locality?
Ans-
7. How would you differentiate between street traders and street shops?
Ans-
8. Explain the services offered by wholesalers to manufacturers.
Ans-
9. What are the services offered by retailers to wholesalers and consumers?
Long Answer Questions
Ans-
1. Itinerant traders have been an integral part of internal trade in India. Analyse
the reasons for their survival in spite of competition from large scale retailers.
Ans-
2. Discuss the features of a departmental store. How are they different from
multiple shops or chain stores.
Ans-
3. Why are consumer cooperative stores considered to be less expensive? What
are its relative advantages over other large scale retailers?
Ans-
4. Imagine life without your local market. What difficulties would a consumer
face if there is no retail shop?
Ans-
5. Explain the usefulness of mail orders houses. What type of products are
generally handled by them? Specify.
Ans-
