Tag: middlemen 2 - retailer

Questions Related to middlemen 2 - retailer

One Entrepreneur who is into the hosiery business found out the reason his hosiery was not selling as its color. What could be the best source of this information?

  1. Supplier

  2. Retailer

  3. Competition

  4. Government bureau


Correct Option: B

Debit note is sent  __________.

  1. when seller in having debt

  2. when buyer is having debt

  3. when company is having some financial problems

  4. none of the above


Correct Option: A

In Delivery Challans _____ is mentioned.

  1. quality of product

  2. quantity of product

  3. maintenance date of product

  4. manufacturing date of product


Correct Option: B

Services which retailer provide to customers are _______________.

  1. wide selection of goods

  2. after sale services

  3. credit facilities

  4. all of the above


Correct Option: D

Name the business enterprise that is engaged in the sale of goods and services directly to the ultimate customers?

  1. Retailer

  2. Wholesaler

  3. Manufacturer

  4. Brokers


Correct Option: A
Explanation:
  • A retailer is a business enterprise that is engaged in the sale of goods and services directly to the ultimate consumers.
  • He/she normally buys goods in large quantities from wholesalers and sells them in small quantities to the ultimate consumers.
  • He/she represents the final stage in the distribution where goods are transferred from the hands of traders to final consumers or users. 

25-year bond issued by a Company would now trade in the ________________.

  1. private money market.

  2. secondary money market.

  3. private capital market.

  4. secondary capital market.


Correct Option: D
Explanation:

The secondary market, also called the aftermarket and follow on public offering is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.