Retailers Services to Wholesalers, Manufacturers and Consumers

Q.

Explain the services offered by wholesalers to manufacturers.

Q.

What is perfect competition and its features?

Q.

Define Retail trade. Mention its features.

Q.

Purchase and sale of goods and services in large quantities for the purpose of resale or intermediate use is referred to as ___

1. Wholesale trade

2. International trade

3. Internal trade

4. Foreign trade

Q.

Give the meaning of wholesale trade. State its distinctive features.

Q.

Who is the last link in the distribution chain?

1. retailers

2. wholesalers

3. middlemen

4. customers

Q.

Mention any three services provided by the retailer to the consumer.

Q.

A wholesaler provides services to both manufacturers and retailers. State two services towards each group.

Q.

Who can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when price raise?

1. Agent

2. Wholesaler

3. Retailer

4. Merchantile agent

Q.

Services which wholesalers provide to retailers are?

1. Availability of goods

2. Risk sharing

3. Marketing support

4. All of the above

Q.

Define wholesale trade. Explain the services of wholesaler to manufacturer.

Q.

Buying and selling of goods and services in large quantities for the purpose of resale or intermediate use by ___ .

1. Consumers

2. Both wholesaler and retail trader

3. Wholesale trader

4. Retail traders

Q.

State any two functions of retailers.

Q.

Services which retailers provide to consumers are

1. Wide selection of goods

2. After sales services

3. Provide credit facilities

4. All of the above

Q.

Who offers facilities for after sales services?

1. Retailers

2. Both Retailers and Wholesalers

3. Wholesalers

4. None of the above

Q.

Help in distribution of goods, personal selling and enabling large scale operations are services provided to wholesalers and manufacturers by ___

1. Customers

2. Manager

3. Retailer

4. Wholesaler

Q. ___ arises due to changes in market conditions i.e. Fluctuations in demand and supply, changes in prices or changes in fashion and tastes of customers.

Q.

Large quantity buying is a characteristic of a type of trade. Name it.

1. Wholesale

2. Retail

3. Hawkers

4. Peddlers

Q.

Give any one difference between a wholesaler and a retailer.

Q.

Give any two advantages of speciality stores to consumers.

Q.

Give an example of ethical responsibility of business.

Q.

How does a chain store work?

Q. Write a short answers of the following.

What are the elements of marketing mix or 4'P's of marketing mix?

Q. A retailer shares risks with the manufacturer and by keeping stock of their goods.

1. customers
2. retailers
3. wholesaler
4. owners

Q.

What is the most important service of the wholesalers and manufacturers?

1. Distribution of goods

2. Buying of goods

3. Selling of goods

4. None of the above

Q. What do you mean by wholesale?

Q.

Which of the following influences customer behavior in five-star hotels?

1. The client’s previous experiences

2. The client’s perception of luxury

3. The client’s stage in the buying process

4. All of the above

5. None of the above, customer behavior is only a response to marketing stimuli.

Q. Long answer type questions.

What do you mean by wholesalers? Explain various services given by wholesalers.

Q. provide information to the wholesaler or manufacturer regarding the taste, expectation and demand of the customers.

1. Customers
2. Retailers
3. Newspaper
4. Media

Q. Selling costs are unique features of a monopolistic market.

1. True
2. False