CBSE Questions for Class 10 Elements Of Business Large Scale Retail Trade Quiz 2 - MCQExams.com

Name the fixed shop large retailer which satisfies all the needs of customers under one roof.
  • Chain stores
  • Consumer cooperative store
  • Mail order housing
  • Departmental stores
Some of the services offered by departmental stores to its customers includes_________________.
  • home delivery of goods
  • execution of telephone orders
  • grant of credit faciities
  • all of the above
Mail order retailing is also referred to as _______.
  • non-store impersonal retailing
  • shopping by post
  • selling by post
  • (A) or (B) or (C)
Name the retailer enterprise in which sales are made strictly on cash basis.
  • Chain stores
  • Departmental stores
  • Consumer cooperative store
  • All of the above
Name a large shop retailer that is generally formed as a Joint stock company managed by a board of directors.
  • Chain stores
  • Departmental Stores
  • Mail order houses
  • None of the above
What restricts the purchasing power of buyers from Super markets?
  • No credit facility.
  • No personal attention.
  • Huge operating costs.
  • None of these.
The success of mail order business depends heavily on the availability of __________ at a place.
  • efficient postal services
  • credit facilities
  • after sale services
  • none of the above
Name the type of goods that are suitable for trading through mail order houses.
  • Goods that can be graded and standardized
  • Goods that can be easily transported at a low cost
  • Goods that can be described through pictures
  • All of the above
Which of the following is a characteristic of a mail order house?
  • Huge capital requirement
  • Elimination of middle man
  • Presence of bad debt
  • None of the above
Which of the limitation talks about lack of initiative under the Chain store or Multiple shops retailer?
  • Fluctuations in demand for the merchandise may lead to loss because of large stock.
  • The personnel managing the multiple shops have to obey the instructions received from the head office which makes them habitual for directions.
  • The multiple shops deal only in limited range of products.
  • All of the above
Why are the prices of goods lower in super markets than in other retail stores?
  • Because of bulk purchasing.
  • Low profit margins.
  • Both A and B
  • None of the above
Mention the goods that are traded in Super markets.
  • Groceries
  • Utencils
  • Electronic goods
  • All of the above
What are the disadvantages that acts as a hindrance while trading through mail order houses?
  • Delayed delivery
  • No credit facilities
  • Lack of personal contract
  • All of these
In ___________ business, are goods bought and sold through postal services.
  • Mail Order House
  • Retailer
  • Wholesaler
  • Street Traders
There is, generally, no direct personal contact between the buyers and the sellers in this ____________ type of trading.
  • Consumer Cooperative Store
  • Departmental Store
  • Chain Store
  • Mail Order House
What are the main characteristics of Super markets?
  • They have wide variety and assortment.
  • Self-Service
  • Heavy emphasis on merchandising appeal.
  • All of the above
Sellers cannot clear all the doubts of customers through catalogues and advertisements. This is because of _____.
  • High promotion cost
  • No after sales service
  • Delayed delivery
  • Lack of personal contact with customers
The seller approaches the customers by advertising the goods through ______.
  • the press
  • sending circulars
  • samples and catalogs
  • all of the above
The vending machine incorporates ______ which are placed inside the machine in order to store and dispense products. 
  • can feeder
  • stack columns
  • feeder trays
  • all of the above
Mail order business is known as shopping by ___. 
  • email
  • fax
  • post
  • website
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