Question

mishri and sons are doing business which comes under the category of internal trade. they generally take title of goods and bear the business risk by purchasing and selling large quantities or intermediate use in their own name. they also serve as an important link between manufactures and retailers. they undertake various activities like grading the products and packing them again into smaller lots. (a)what do u understand by term internal trade? (b)identify the type of internal trade being discussed above? (c)explain any three services provided by mishri and sons manufactures and retailers? ​

Answer 1

Answer:

a.. trade which done under the geographical line is known as internal trade

b... wholesaler trade

c... service to manufacture

1... finance

2...ready market

3... risk bearing

service to retailer

1... wide variety

2.. credit facility

3.. information about new product