Business Studies

By selling directly to the consumers, the multiple-shop organisation is able to eliminate unnecessary middlemen in the sale of goods and services.


ANSWER

True


SOLUTION
It is an approach to operating a retail business in which you offer products to customers through multiple retail channels. Brick-and-mortar stores, catalogs and the Internet are three primary multiple channels used by many retailers, but other, smaller retail formats exist as well.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


TRUE/FALSE Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 199
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Internal trade can be classified into two broad categories. The two categories of internal trade are _________ and _________.
  • A. wholesale, retail trade
  • B. inward , outward trade
  • C. intra state, inter state trade
  • D. none of the above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Where do the Indian Chamber of Commerce and Industry intervene?
  • A. In transportation or inter state movement of goods.
  • B. In octroi and other local levies.
  • C. Weights and measures and prevention of duplication brands.
  • D. All of the above.

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
If the realized collection period is more than the terms of trade it can be said that __________________.
  • A. The collection job is over
  • B. The quality of debtors is poor
  • C. The average daily sales are low
  • D. All of the above
  • E. Both (A) and (B) above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
How the capital of a cooperative store is raised?
  • A. Through issue of shares.
  • B. By inviting subscriptions from the members
  • C. By raising funds from the general public.
  • D. All of these

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Itinerant retailers are small traders operating with limited resources.
  • A. True
  • B. False

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

View Answer