Wholesaler Functions Quiz
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Questions and Answers

What is the major function of the wholesaler?

  • Providing information to people
  • Buying from small scale producers and selling to exporters
  • Buying in bulk and selling in small quantities (correct)
  • Granting of credit facilities to retailers
  • Who sells in small quantity to consumers?

  • Wholesaler
  • Manufacturer
  • Retailer (correct)
  • Middleman
  • What is the process of buying, selling, and distribution of goods and services known as?

  • Retail trade
  • Commerce (correct)
  • Wholesale trade
  • None of the above
  • What is the critical factor in organizing a business?

    <p>Capital</p> Signup and view all the answers

    Buying and selling of goods within a geographical area is called?

    <p>Domestic trade</p> Signup and view all the answers

    Who makes the final use of goods and services provided by a firm?

    <p>Consumer</p> Signup and view all the answers

    'Entreport trade' refers to?

    <p>Importing for re-exporting</p> Signup and view all the answers

    'Trade' simply means?

    <p>Commerce</p> Signup and view all the answers

    'International trade' comprises of which types of trades?

    <p>International trade</p> Signup and view all the answers

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