Tag: retailing

Questions Related to retailing

Itinerant retailers are traders who do not have a fixed________ of business to operate from.

business organisation and correspondence retailing types of retailers types of retail organisation types of retailing

  1. scale

  2. place

  3. capital

  4. labour

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Correct Option: B

What are the types of the fixed shop retailers on the basis of the size of their operations?

business organisation and correspondence retailing types of retailers types of retail organisation types of retailing

  1. Small shopkeepers

  2. Large retailers

  3. Both (A) and (B)

  4. None of the above

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Correct Option: C

Name the traders who do not change their place of business very frequently?

business organisation and correspondence retailing types of retailers types of retail organisation types of retailing

  1. Pavement vendors

  2. Cheap jacks

  3. Market traders

  4. Peddlers and Hawkers

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Correct Option: A

What are the characteristics of fixed shop retailers?

business organisation and correspondence retailing types of retailers types of retail organisation types of retailing

  1. They operate at large scale.

  2. They have greater credibility in the minds of consumers.

  3. They deal in both durable and non-durable products.

  4. All of the above

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Correct Option: D

Name the traders who open their shops at different places on fixed days or dates.

business organisation and correspondence retailing types of retailers types of retail organisation types of retailing

  1. Street traders

  2. Peddlers and Hawkers

  3. Cheap jacks

  4. Market traders

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Correct Option: D