Tag: meaning and essential elements of retail trade

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Multiple choice 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

Services which retailer provide to customers are _______________.

  1. wide selection of goods

  2. after sale services

  3. credit facilities

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Retailers provide various services to customers, including offering a wide selection of goods, providing credit facilities, and offering after-sales support.

Multiple choice 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

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
Reveal answer Fill a bubble to check yourself
A Correct answer
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. 
Multiple choice 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

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.
Reveal answer Fill a bubble to check yourself
D Correct answer
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.