Download App

Internal Trade — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMInternal Trade2 Marks
Question
What is Retail Trade?
✓

Answer

A retailer purchases products either in bulk or in small quantity either from manufacturer or from wholesaler and sells them to customers as per their requirement. This type of trading is called retail trading.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Each" from Internal Trade→Internal Trade — all question types→OCM STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

How under-developed countries are benefitted through international trade ?
→
What type of process communication is among the people?
→
Why is alternative product considered risk in business?
→
Why profession persons can not take independent decisions in certain matters?
→
Which sectors should be considered while preserving environment ?
→
Why did partnership firm come into existence?
→
“ Scope of economic activities has been widened through scientific inventions “ Explain.
→
How can balanced regional development be achieved through public sector enterprise ?
→
Reliance Limited is considering reinvesting around 30% of its total profit for the year 2023-24 back into its own company. What benefit could the company gain from this decision? Share your opinion.
→
Why is ordinary equity share called risky share ?
→