Tag: meaning and essential elements of retail trade

Questions Related to meaning and essential elements of retail trade

Services which retailer provide to customers are _______________.

business organisation and correspondence employment opportunities in commerce meaning and essential elements of retail trade employment opportunities in insurance sector and capital market middlemen 2 - retailer

  1. wide selection of goods

  2. after sale services

  3. credit facilities

  4. all of the above

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Correct Option: D

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

business organisation and correspondence employment opportunities in commerce meaning and essential elements of retail trade employment opportunities in insurance sector and capital market middlemen 2 - retailer

  1. Retailer

  2. Wholesaler

  3. Manufacturer

  4. Brokers

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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 ________________.

business organisation and correspondence employment opportunities in commerce meaning and essential elements of retail trade employment opportunities in insurance sector and capital market middlemen 2 - retailer

  1. private money market.

  2. secondary money market.

  3. private capital market.

  4. secondary capital market.

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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. 

It is UNCOMMON that a first credit inquiry be ___________.

business organisation and correspondence employment opportunities in commerce meaning and essential elements of retail trade employment opportunities in insurance sector and capital market middlemen 2 - retailer

  1. Accepted

  2. Counter offer be given

  3. Both a & b

  4. All of the above

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Correct Option: A