NCERT Solutions of Class 11 B. Studies Ch-10 Internal Trade
EXERCISES
Short Answer Questions
Question 1:
What is meant by internal trade?
Question 2:
Specify the characteristics of fixed shop retailers.
Question 3:
What purpose is served by wholesalers providing warehousing facilities?
Question 4:
How does market information provided by the wholesalers benefit the manufacturers?
Question 5:
How does the wholesaler help the manufacturer in availing the economies of scale?
Question 6:
Distinguish between single line stores and speciality stores. Can you identify such stores in your locality?
Question 7:
How would you differentiate between street traders and street shops?
Question 8:
Explain the services offered by wholesalers to manufacturers.
Question 9:
What are the services offered by retailers to wholesalers and consumers?
NCERT Solutions of Class 11 B. Studies Ch-10 Internal Trade
Long Answer Questions
Question 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.
Question 2:
Discuss the features of a departmental store. How are they different from multiple shops or chain stores.
Question 3:
Why are consumer cooperative stores considered to be less expensive? What are its relative advantages over other large scale retailers?
Question 4:
Imagine life without your local market. What difficulties would a consumer face if there is no retail shop?
Question 5:
Explain the usefulness of mail orders houses. What type of products are generally handled by them? Specify.
NCERT Solutions of Class 11 B. Studies Ch-10 Internal Trade
