This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 9 Internal Trade – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 9 Internal Trade Quiz 11 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In what ways can internal trade enhance regional development? A) Internal trade leads to job losses and economic decline. B) Internal trade reduces competition and limits market access. C) Internal trade has no impact on infrastructure development. D) Internal trade enhances regional development by increasing market access, fostering competition, creating jobs, and improving infrastructure. Show Answer Correct Answer: D) Internal trade enhances regional development by increasing market access, fostering competition, creating jobs, and improving infrastructure. 2. The services of Wholesalers to Manufactures are A) Facilitating Large Scale Production. B) Expert Advice. C) Help in Marketing Function. D) All of the above. Show Answer Correct Answer: D) All of the above. 3. When shopping online (E-Commerce), how might a business provide good customer service? A) Provide FAQs, Contact us and live chat on their E-Commerce website to help answer customer questions. B) Have a customer service help desk, staff available to assist and staff serving on tills (EPOS) systems. C) All the above. D) None of the above. Show Answer Correct Answer: A) Provide FAQs, Contact us and live chat on their E-Commerce website to help answer customer questions. 4. What is the primary role of retailers? A) To provide storage facilities. B) To import goods. C) To sell goods directly to consumers. D) To produce goods. Show Answer Correct Answer: C) To sell goods directly to consumers. 5. BATA is the example of ..... A) Departmental stores. B) Chain stores. C) Mall. D) General stores. Show Answer Correct Answer: B) Chain stores. 6. Business that sells products and/or services to consumers is called A) Wholesalers. B) Retail. C) Supercenters. D) Manufacturer. Show Answer Correct Answer: B) Retail. 7. Buying of goods for export is known as A) Entreport trade. B) Internal trade. C) External trade. D) Retail trade. Show Answer Correct Answer: A) Entreport trade. 8. The oldest form of advertising. A) News Paper. B) Radio. C) TV. D) Words of mouth. Show Answer Correct Answer: D) Words of mouth. 9. Internal trade is classified into two categories ..... and ..... trade. A) Internal and external. B) Wholesale and retai. C) None of these. D) Both. Show Answer Correct Answer: B) Wholesale and retai. 10. Which do not come in fixed retail sellers: A) General store. B) Departmental store. C) Hawkers and peddlers. D) Chain stores. Show Answer Correct Answer: C) Hawkers and peddlers. 11. Following services are provided by wholesalers to retailers A) Grant of credit. B) Marketing support. C) Availability of goods. D) All of the above. Show Answer Correct Answer: D) All of the above. 12. Ebeano sells products for ..... A) Wholesale. B) Markup. C) Design. D) None of the above. Show Answer Correct Answer: B) Markup. 13. Which type of trade involves selling products in bulk to businesses? A) Consumer trade. B) Retail trade. C) Wholesale trade. D) Online trade. Show Answer Correct Answer: C) Wholesale trade. 14. Raymonds store is an example of which retails shop? A) Mail order houses. B) Chain stores. C) General stores. D) Departmental stores. Show Answer Correct Answer: B) Chain stores. 15. What is one of the major advantages of consumer cooperative stores regarding liability? A) Members are liable for all debts of the society. B) Members are liable only to the extent of their contributed capital. C) Members are liable for debts exceeding their contributed capital. D) Members are not liable for any debts of the society. Show Answer Correct Answer: B) Members are liable only to the extent of their contributed capital. 16. Which type of trade involves selling products to individual customers? A) Export trade. B) Retail trade. C) Wholesale trade. D) Import trade. Show Answer Correct Answer: B) Retail trade. 17. Number of goods sold in wholesale trade is: A) More. B) One. C) Less. D) None of these. Show Answer Correct Answer: C) Less. 18. How does internal trade contribute to economic growth? A) Internal trade contributes to economic growth by improving market efficiency and fostering competition. B) Internal trade only benefits large corporations and not the economy. C) Internal trade has no impact on economic growth. D) Internal trade reduces competition and market efficiency. Show Answer Correct Answer: A) Internal trade contributes to economic growth by improving market efficiency and fostering competition. 19. Which is not related to the trade by moving from one place to another: A) Hawkers. B) Street sellers. C) Peddlers. D) Street shops. Show Answer Correct Answer: D) Street shops. 20. A departmental store is a larger version of ..... A) General stores. B) Single line stores. C) Specialty stores. D) Second hand shop. Show Answer Correct Answer: A) General stores. 21. In a electrical shop, if the staff are not knowledgeable how will this impact on the business? A) Customers are unlikely to shop with the business as customer service is poor, sales would decrease. B) Customers would be retained and new customers gained as they are, providing good customer service, this would increasing sales. C) All the above. D) None of the above. Show Answer Correct Answer: A) Customers are unlikely to shop with the business as customer service is poor, sales would decrease. 22. Which of the following would be the least important when locating a new hair salon? A) Competition. B) Customers. C) Staff. D) Suppliers. Show Answer Correct Answer: D) Suppliers. 23. It is a network of a number of branches situated at different localities in the city or in the different parts of the country. A) Multiple shop. B) Consumers co-operative store. C) Hire purchase system. D) Internet marketing. Show Answer Correct Answer: A) Multiple shop. 24. Which is not the service of the wholesaler to the manufacturer? A) Facilitating large scale production. B) Storage. C) Grant of credit. D) Expert Advice. Show Answer Correct Answer: C) Grant of credit. 25. ..... are mobile traders who deal in low priced articles with no fixed place of business. A) Street stalls. B) Retailers. C) Itinerant traders. D) Agents. Show Answer Correct Answer: C) Itinerant traders. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 9 Internal Trade Quiz 1Class 11 Business Studies Chapter 9 Internal Trade Quiz 2Class 11 Business Studies Chapter 9 Internal Trade Quiz 3Class 11 Business Studies Chapter 9 Internal Trade Quiz 4Class 11 Business Studies Chapter 9 Internal Trade Quiz 5Class 11 Business Studies Chapter 9 Internal Trade Quiz 6Class 11 Business Studies Chapter 9 Internal Trade Quiz 7Class 11 Business Studies Chapter 9 Internal Trade Quiz 8Class 11 Business Studies Chapter 9 Internal Trade Quiz 9Class 11 Business Studies Chapter 9 Internal Trade Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books