Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf Chapter No 11

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01	Principles of Commerce ICOM Mcqs Chapter 01	02	Principles of Commerce ICOM Mcqs Chapter 02
03	Principles of Commerce ICOM Mcqs Chapter 03	04	Principles of Commerce ICOM Mcqs Chapter 04
05	Principles of Commerce ICOM Chapter 05	06	Principles of Commerce ICOM Chapter 06
07	Principles of Commerce ICOM Mcqs Chapter 07	08	Principles of Commerce ICOM Mcqs Chapter 08
09	Principles of Commerce ICOM Mcqs Chapter 09	10	Principles of Commerce ICOM Mcqs Chapter 10
11	Principles of Commerce ICOM Mcqs Chapter 11	12	Principles of Commerce ICOM Mcqs Chapter 12
13	Principles of Commerce ICOM Mcqs Chapter 13	14	Principles of Commerce ICOM Mcqs Chapter 14
15	Principles of Commerce ICOM Mcqs Chapter 15	16	Principles of Commerce ICOM Mcqs Chapter 16
17	Principles of Commerce ICOM Mcqs Chapter 17	18	Principles of Commerce ICOM Mcqs Chapter 18
19	Principles of Commerce ICOM Mcqs Chapter 19	20	Principles of Commerce ICOM Mcqs Chapter 20

Chapter # 11

Retail Trade

Encircle the most appropriate answer from the following options

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1 A retailer sells goods to:

1. Consumer
2. Wholesale
3. Manufacturer
4. All the above

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2 A retailer buys and sells goods in:

1. Reasonable quantity
2. Abundant quantity
3. Less quantity
4. All of the above

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3 The management of multiple shops is controlled by:

1. Central office
2. Regional office
3. Provincial office
4. Any office

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4 The small retailers sell their goods:

1. On credit
2. On cash to rich and on credit to poor
3. On cash
4. All of the above

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5 The expenses of small retailers are:

1. Normal           
2. More
3. Less
4. None

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6 The small retailers work:

1. At one place   
2. On medium scale
3. In streets
4. On large scale

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 7. All the sections of a departmental store can be found in:

1. Four buildings 
2. Two buildings
3. One buildings
4. Many buildings

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8. The quantity of goods sold to consumers in a departmental store is:

1. More   
2. Small
3. Reasonable    
4. All of the above

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9 The quantity of advertisements in a departmental store is:

1. More  
2. Reasonable
3. Less    
4. None

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10 A shopkeeper who buys goods in a less quantity and sells it to consumer is called:

1. Wholesaler     
2. Producer
3. Retailer
4. Agent

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11 A retailer generally buys goods from the:

1. Wholesaler    
2. Industrialis
3. Government   
4. All the above

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12 A consumer has a direct link with:

1. Retailer
2. Wholesaler
3. Industrial
4. Agent

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13 The goods are sold in a chain store at:

1. One price
2. Fixed price
3. Different price
4. All of the above

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14 The capital needed for a departmental store is:

1. Less
2. Mechanical
3. More
4. None of the above

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15 The departmental storeS are generally found:

1. Outside the city          
2. In center of the city
3. In important centers of the city          
4. In all areas

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16 A departmental store is the developed form of:

1. Retailers        
2. Industrialists
3. Wholesalers   
4. Co-operative society

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17 At a fixed price shop, the things are always sold:

1. On cash         
2. On credit        
3. Both of 1 & 2
4. In exchange of things

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18. Mobile retailer is an ancient kind of:

1. Wholesaling
2. Retailing
3. Agency
4. All of the above

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19 A retailer buys good from following market:

1. National / home        
2. Local
3. International
4. All of the above

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20 A retailer has a direct contact with:

1. Wholesaler     
2. Consumers    
3. Manufacturer
4. Both (a) and (b)

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