‘MUCH MORE’ are the retail all lover India which attract large no.of
customers .These stores are located in the heart of the city and offers variety of products in
the same line.the price charges at different outlet is same. These stores are specialize in one
line of products.Moreover the goods not in the demand in the branch can be transfered to
other branches where it is in demand.These stores sell on cash basis and Deposit the daily
sales into a local bank on behalf of the head office. (a) Identify the type of outlet discussed above
(b) Discuss any two advantages and limitations of the outlet identified in above
Answers
Question 1 (A.1):
Select the proper option from the options given below and rewrite the sentences.
A wholesaler invest ________ capital in the business.
(a) Small
(b) Large
(c) Less
ANSWER:
A wholesaler invests large capital in the business.
Explanation:
Wholesalers buy goods in large quantities from the manufacturers and sell them in smaller units to industrial units and/or retail traders. As wholesalers deal in large quantities and on a large scale, they invest large capital in the business.
The correct answer is B.
Question 1 (A.2):
Select the proper option from the options given below and rewrite the sentences.
A retailer purchases goods from ________.
(a) Wholesaler
(b) Producer
(c) Customer
ANSWER:
A retailer purchases goods from wholesaler.
Explanation:
A retailer purchases goods in large quantities from different manufacturers or wholesalers and
sells them to the final consumers in relatively smaller amounts. By doing so, he provides various services to both the parties.
The correct answer is A.