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IT
Question Practice

What distinguishes retail trade from wholesale trade?

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 distinguishes retail trad...

Single Answer MCQ
Q-00065011

What distinguishes retail trade from wholesale trade?

1

Retail trade involves bulk transactions.

2

Retail trade serves ultimate consumers in small quantities.

3

Wholesalers take on more risk.

4

Retail trade includes selling to other businesses.

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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 is a key characteristic of internal trade?

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