Chapter 2: Forms of Business Organisation
Chapter 3: Private, Public and Global Enterprises
Chapter 4: Business Services
Chapter 5: Emerging Modes of Business
Chapter 6: Social Responsibilities of Business and Business Ethics
Chapter 7: Formation of a Company
Chapter 8: Sources of Business Finance
Chapter 9: Small Business and Entrepreneurship
Chapter 10: Internal Trade
Chapter 11: International Business
Solutions for Chapter 10: Internal Trade
Below listed, you can find solutions for Chapter 10 of CBSE NCERT for Class 11 Business Studies.
NCERT solutions for Class 11 Business Studies Chapter 10 Internal Trade Short Answers [Pages 255 - 256]
What is meant by internal trade?
Specify the characteristics of fixed shop retailers.
What purpose is served by wholesalers providing warehousing facilities?
How does market information provided by wholesalers benefit the manufacturers?
How do the wholesalers help the manufacturer in availing of the economies of scale?
Distinguish between single-line stores and speciality stores. Can you identify such stores in your locality?
How would you differentiate between street traders and street shops?
Explain the services offered by the wholesalers to the manufacturers.
What are the services offered by retailers to wholesalers and consumers?
NCERT solutions for Class 11 Business Studies Chapter 10 Internal Trade Long Answers [Page 256]
Itinerant traders have been an integral part of internal trade in India. Analyze the reasons for their survival in spite of competition from large scale retailers.
Discuss the features of a departmental store. How are they different from multiple shops or chain stores.
Why are consumers cooperatives stores considered to be less expensive? What are its relative advantages over other large scale retailers?
Imagine a life without your local markets. What difficulties would a consumer face if there is no retail shop?
Explain the usefulness of mail-order houses. What types of products are generally handled by them? Specify?
Solutions for Chapter 10: Internal Trade
NCERT solutions for Class 11 Business Studies chapter 10 - Internal Trade
Shaalaa.com has the CBSE Mathematics Class 11 Business Studies CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Class 11 Business Studies CBSE 10 (Internal Trade) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Class 11 Business Studies chapter 10 Internal Trade are Meaning of Internal Trade, Types of Internal Trade, Services Rendered by a Wholesaler and a Retailer, Types of Retail Trade - Itinerant and Small Scale Fixed Shops, Large Scale Retailers, Concept of Automatic Vending Machine, Basic Function of Chambers of Commerce and Industry, Roles of Chambers of Commerce and Industry, Main Documents Used in Internal Trade, Terms of Trade - Cash on Delivery (COD), Terms of Trade - Free on Board (FOB), Terms of Trade - Cost, Insurance and Freight (CIF), Role of Commerce and Industry Associations is in Promotion of Internal Trade, Introduction to Internal Trade, Internal Trade, Wholesale Trade, Services Offered by Wholesalers to Manufacturers, Services Offered by Wholesalers to Retailers, Retail Trade, Services of Retailers to Manufacturers and Wholesalers, Services of Wholesalers, Services of Retailers to Consumers, Terms of Trade - Errors and Omissions Excepted (E&OE), Services of Retailers, Fixed Shop Retailers, Types of Fixed Shop Retailers, Itinerant Retailers, Fixed Shop Small Retailers, Fixed Shop - Large Stores, Advantages of Retailing Through Departmental Stores, Limitations of Retailing Through Departmental Stores, Chain Stores or Multiple Shops, Advantages of Multiple Shops, Limitations of Multiple Shops, Difference Between Departmental Stores and Multiple Shops, Mail Order Houses, Advantages of Mail Order Houses, Limitations of Mail Order Houses, Consumer Cooperative Store, Advantages of Consumer Cooperative Store, Limitations of Consumer Cooperative Store, Super Markets, Advantages of Super Markets, Limitations of Super Market, Vending Machines, Goods and Services Tax.
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