1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XI
Business Studies
Features of Retail Trade
Which among t...
Question
Which among them is the feature of chain market?
A
What is produced in one place reaches the people everywhere
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Only brand products are encouraged
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Chain markets are only in urban areas
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of them
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
A
What is produced in one place reaches the people everywhere
Advantages of chain market are as follows:-
1. Things produced in one place reach people everywhere.
2. It creates employment opportunity.
3. It encourages people to produce more goods and services.
Suggest Corrections
0
Similar questions
Q.
Which among the following is not a fundamental feature of chordates, found exclusively only in them?
Q.
In a market survey conducted to ascertain brand switching parameters among toothpaste users, the previous and the present usership were checked out and presented as follows:
Present
Past
CloseUp
80
74
Cibaca
26
30
Pepsodent
72
10
Colgate
49
60
None
25
16
Total
252
190
% of shift of people from. one brand to another.
The figure shows the percentage of past users who have now shifted to the brands as shown. The connections shown are only shifts.
Refer to the data and answer the questions.
If the total number of people using any toothpaste is defined as "the market", what has the market usership increased by?
Q.
A market situation in which there are only few firms producing slightly differentiated products which are close substitutes is _______.
Q.
In a market survey conducted to ascertain brand switching parameters among toothpaste users, the previous and the present usership were checked out and presented as follows:
Present
Past
CloseUp
80
74
Cibaca
26
30
Pepsodent
72
10
Colgate
49
60
None
25
16
Total
252
190
% of shift of people from. one brand to another.
The figure shows the percentage of past users who have now shifted to the brands as shown. The connections shown are only shifts.
Refer to the data and answer the questions.
What is the percentage increase in the usership of CloseUp as a percentage of total sample population?
Q.
Which of these branded products are produced by MNCs and sold in the Indian market?
(i) Coca-Cola
(ii) Honda automobiles
(iii) Nokia cell-phone handsets
(iv) Cotton and silk handloom textiles
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Internal Trade
BUSINESS STUDIES
Watch in App
Explore more
Features of Retail Trade
Standard XI Business Studies
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app