Internal Trade

Class 11 · Business Studies · 18 Questions

1beginner🧠 Remember3 marksShort Answer

What is meant by internal trade?

2beginner💡 Understand3 marksShort Answer

Specify the characteristics of fixed shop retailers.

3intermediate💡 Understand3 marksShort Answer

What purpose is served by wholesalers providing warehousing facilities?

4intermediate💡 Understand3 marksShort Answer

How does market information provided by the wholesalers benefit the manufacturers?

5intermediate💡 Understand3 marksShort Answer

How does the wholesaler help the manufacturer in availing the economies of scale?

6intermediate🔍 Analyze3 marksShort Answer

Distinguish between single line stores and speciality stores. Can you identify such stores in your locality?

7intermediate🔍 Analyze3 marksShort Answer

How would you differentiate between street traders and street shops?

8intermediate💡 Understand3 marksShort Answer

Explain the services offered by wholesalers to manufacturers.

9intermediate💡 Understand3 marksShort Answer

What are the services offered by retailers to wholesalers and consumers?

1advanced🔍 Analyze5 marksLong Answer

Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.

2advanced🔍 Analyze5 marksLong Answer

Discuss the features of a departmental store. How are they different from multiple shops or chain stores.

3advanced⚖️ Evaluate5 marksLong Answer

Why are consumer cooperative stores considered to be less expensive? What are its relative advantages over other large scale retailers?

4intermediate✨ Create5 marksLong Answer

Imagine life without your local market. What difficulties would a consumer face if there is no retail shop?

5intermediate💡 Understand5 marksLong Answer

Explain the usefulness of mail orders houses. What type of products are generally handled by them? Specify.

1intermediate🔧 Apply5 marksEssay

Identify various fixed shop retailers in your locality and classify them according to the different types you have studied.

2intermediate🔍 Analyze5 marksEssay

Do you know any retailers selling second-hand goods in your area? Find out the category of the product that they deal in? Which products are suitable for resale? List some of your findings. What conclusions do you draw?

3intermediate⚖️ Evaluate5 marksEssay

Do you observe any difference in the retail business of yesterday and the times to come. Prepare a brief write-up and discuss it in class.

4intermediate🔍 Analyze5 marksCase Study

From you own experience, compare the features of two retail stores selling the same product. For example, the same products being sold at a small scale retailer like a general store and in a big store like a departmental store. What similarities and differences can you identify in terms of price, service, variety, convenience, etc.