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IT
Question Practice

What best describes the relationship between wholesalers and retailers?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Internal Trade
Question Bank

What best describes the relati...

Single Answer MCQ
Q-00065076

What best describes the relationship between wholesalers and retailers?

1

Wholesalers produce goods for retailers

2

Wholesalers are direct competitors to retailers

3

Wholesalers serve as intermediaries providing goods to retailers

4

Wholesalers only sell to manufacturers

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Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What is the primary objective of trade?

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Q2.

Which of the following is NOT a type of internal trade?

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Q3.

Why are wholesalers important in the internal trade system?

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Q4.

What distinguishes retail trade from wholesale trade?

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