Commerce

What are the functions of a large scale retailer ?

• Invest a lot in Capital

• Does not arrange transport

• Does not buy in bulk

• Buys raw materials

The function of the wholesaler is to buy from

what is visible trade ?

• trade in retail

• Trade in raw materials

• Trade in Goods

• Trade in Services

Select the correct advantage of sole trader

• He can freely take holidays.

• job management can be divided

• unlimited liability

• Able to make quick decisions.

what is exports ?

• They are trade in services

• when your own country sells something to another country.

• trade in goods

• when your own country buy goods from other countries.

Which of these is the correct disadvantage of a sole trade?

• Bearing losses

• No need to give salary

• Can make decisions alone.

• There won't be any conflicts.

Which of these is the correct advantage of a partnership?

• Disagreements

• More ideas

• Unlimited liability

• Share profits

Types of warehouses

• Cold storage

• General warehouse

• cash and carry warehouse

• all of the above

What is invisible trade ?

• Trade in raw materials

• It is trade in goods

• It is trade in services

• Trade in cars

what is a partnership and what are their advantages