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Question
Explain the following term/concept:
Mall.
Solution
A mall is a large enclosed shopping complex having various stores, restaurants, cinema hall and other businesses.
E. g. Phoenix Mall, Inorbit Mall, etc.
It is an American term in which one or more buildings form a complex.
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RELATED QUESTIONS
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) | Departmental Store | 1) | Carry goods on heads |
| B) | Market traders | 2) | Uniform Price |
| C) | General shops | 3) | Business on market day |
| D) | One price shop | 4) | Most common shop |
| E) | Peddlers | 5) | Huge capital |
| 6) | Distribution through branches | ||
| 7) | Carry goods on carts | ||
| 8) | Sale used articles | ||
| 9) | Specialized goods | ||
| 10) | Auth oriz ed dealers |
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) | Import Trade | 1) | First step in Import |
| B) | Registration | 2) | Goods not for own country |
| C) | Entrepot trade | 3) | Buying goods from other country |
| D) | Letter of Credit | 4) | No restrictions |
| 5) | Selling goods to other country | ||
| 6) | Credit worthiness of importer. | ||
| 7) | Recovery of dues |
Give one word/phrase/term:
A person who move daily from place to place to sell goods.
Complete the sentence.
The original form of trade was _________.
Complete the sentence.
_________ is a large retail organization which mainly sells wide variety of food and grocery items on th e basis of ‘self-service’.
Complete the sentence.
_______ are retail stores owned by a single organization.
Answer in one sentence
What is meant by supermarket shop?
Answer in one sentence
What do you mean by chain store?
Answer in one sentence
What is a mall?
Correct the underlined word and rewrite the following sentence:
The price charged in departmental stores is comparatively less.
Arrange in proper order:
a) Retailer
b) Consumer
c) Producer
d) Wholesaler
Arrange in proper order:
a) International Market
b) Local Market
c) National Market
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Explain the following term/concept:
Letter Of Credit.
Explain the following term/concept:
Departmental Store.
Distinguish between the following:
Departmental stores and Chain stores.
Justify the following statement:
Authorized dealer do not have other product of other manufacturers.
Justify the following statement:
General stores are generally situated near residential areas.
Justify the following statement:
Packing plays an important role in selling product in the supermarket.
