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Trade establishes a link between producers and ______. - Organisation of Commerce and Management

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Question

Trade establishes a link between producers and ______.

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Solution

Trade establishes a link between producers and consumers.

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Introduction of Trade
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Chapter 2: Trade - Exercise Q.1 [Page 43]

RELATED QUESTIONS

Select the correct option and rewrite the sentence.
___________ carry goods on their head in baskets or containers.


Select the correct option and rewrite the sentence.
_______ is k now n as self-service store.


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:
An order placed by an importer for the supply of certain goods. 


Super market shops offer home delivery facilities to customer. 


State True or False.
Departmental store located out of the city


Complete the sentence.
_______ are retail stores owned by a single organization.


Select the correct option.
Chain stores are retail store owned by _______ organization.


Select the correct option.
The shop where the prices of all th e products or goods are ___________ is k nown as one price shop.


Answer in one sentence
What is meant by supermarket shop?


Answer in one sentence
What is one price shop?


Answer in one sentence
What is a mall?


Arrange in proper order:
a) International Market
b) Local Market
c) National Market
d) State Market


Arrange in proper order:
a) Import Stage
b) Pre-import Stage
c) Post-import Stage
d) Preliminary Stage


Distinguish between the following:

Departmental stores and Chain stores.


Answer in brief.
State any four feature of one price shop.


Justify the following statement:
Departmental store has centralized management system.


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