Question

From the following sentences relating to large scale Retail Trade choose
the suitable word(s) from those given in brackets :
(i) Goods are generally purchased in bulk from
___________________ ( manufacturers, middlemen) for sale
to the consumers.
(ii) Goods are made available to consumers mostly
_____________(under same roof, in different shops)
(iii) It sells goods to _________(limited, large) number of customers.
(iv) Goods are sold on _________ (credit, cash) basis to customers.
(v) The amount of capital investment required in large-scale retail
trade is _______________ (mostly equal to, much greater than)
the capital investment in local retail shops.

Answer 1

Answer:

Goods are generally manufactured.

Answer 2

Answer:  

(i) 'Goods are generally purchased in bulk from manufacturers' for sale to the consumers'  

(ii) 'Goods are made available to consumers' mostly under the same roof.'  

(iii) 'It sells goods to a 'large number of customers'  

(iv) 'Goods are sold on a 'cash basis to customers.'  

(v) 'The amount of capital investment' required in 'large scale retail trade' is much greater than the capital investment in 'local retail shops'.

Explanation:  

Manufacturers make the products in bulk and they sell it to the retailers who sell to the customers. Retailers sell different goods to the customers through the same shop. A large number of customers have access to the goods. Through the cash, the goods are sold to the market. Large capital of investment is required for setting up core manufacturing units.