Internal Trade
Manipur Board · Class 11 · Business Studies
Practice quiz for Internal Trade — Manipur Board Class 11 Business Studies. MCQs and questions with answers to test your preparation.
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Quick Quiz: Internal Trade
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What is internal trade?
Which of the following is NOT a type of internal trade?
What characterizes wholesale trade?
What is a retailer's primary function?
Sample Questions
What is a departmental store?
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A large store with multiple departments selling various products
Departmental stores offer a wide variety of products organized into different departments, providing comprehensive shopping experiences.
What are chain stores?
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Networks of retail shops owned by manufacturers or intermediaries
Chain stores are multiple shops with standardized operations, typically owned by a single organization and selling similar products.
What type of retailer moves from place to place selling goods?
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Itinerant retailer
Itinerant retailers are mobile traders who move from street to street or place to place, selling goods without a fixed business location.
What is a consumer cooperative store?
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An organization owned and managed by consumers
Consumer cooperative stores are democratically managed organizations where members own and control the business, aiming to provide goods at reasonable prices.
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