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IT
Question Practice

What is a common misconception about retail 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 is a common misconception...

Single Answer MCQ
Q-00065113

What is a common misconception about retail trade?

1

Retailers sell directly to consumers.

2

Retailers are dependent on wholesalers.

3

All retailers operate from physical stores.

4

Retail trade involves large-scale purchases.

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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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