Question

Name the type of goods that are suitable for trading through mail order houses.

• A. Goods that can be graded and standardized
• B. Goods that can be easily transported at a low cost
• C. Goods that can be described through pictures
• D. All of the above

Answer 1

The correct option is D All of the above

Mail order houses are the retail outlets that sell their merchandise through mail. There is generally no direct personal contact between the buyers and the sellers in this type of trading.

Only the goods that can be:

(i) graded and standardised

(ii) easily transported at low cost

(iii) have ready demand in the market

(iv) are available in large quantity throughout the year

(v) involve least possible competition in the market and

(vi) can be described through pictures etc., are suitable for this type of trading.