Wholesalers - class-XI
Description: wholesalers | |
Number of Questions: 23 | |
Created by: Vinaya Modi | |
Tags: business studies internal trade commerce middlemen 1 - wholesaler business organisation and correspondence wholesale trade channels of distribution |
Wholesalers take delivery of goods when these are produced in factory and keep them in their godowns/warehouses. This is the service of storage given to manufacturers.
Identify the argument against elimination of wholesalers.
Wholesalers increase the cost of marketing and price of the products goes up. State whether this is an argument which favors elimination of wholesalers.
The wholesalers facilitate ____ of production activity throughout the year by purchasing the goods as and when these are produced.
Examples of middlemen include ______.
Which of the following is a non-trading association?
Advising the manufacturers about various aspects including customers' tastes and preferences, market conditions, competitive activities and the features preferred by the buyers is one of the services given by the wholesaler. Identify the service.
Wholesaling is concerned with the activities of those persons or establishments which sell to retailers and other merchants, and/or to industrial institutional and commercial users.
Merchant wholesalers are firms engaged primarily in buying, taking title to, storing, and physically handling products.
___________ is/are actively involved in negotiating and other functions of buying and selling while acting on behalf of his/her/their clients.
______ is a special mercantile agent who sells the goods of his principal by auction.
_____ and agents are closer to the producers.
______ has full authority to perform all functions relating to the business on behalf of his principal.
A mercantile agent possesses which of the following characteristics?
As the goods are exchanged from one intermediary to the other, their prices _____.
________ guarantees his principal for the payment for all the goods he sells irrespective of the payment received by him or not.
The wholesalers normally make forward dealing with the supply goods with the producer. This relieves the manufacturers from ______.
In which wholesaler's channel function might wholesalers provide quicker delivery to buyers because they are closer than the producers?
Wholesalers undertake advertisements and other sales promotional activities to induce customers to purchase the goods. The function performed by the wholesalers is ____.
Facilitating large scale production is one of the services of wholesalers to manufacturers. What do wholesalers do through this function?
Which of the following is referred to as 'Voluntary chains?'
An agent middleman is one who _______.
What service of wholesalers helps the retailers in managing their business with relatively small amount of working capital?