Chapters
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
Chapter 10: Internal Trade
NCERT solutions for Ncert 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 Ncert 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?
Chapter 10: Internal Trade
NCERT solutions for Ncert Class 11 Business Studies chapter 10 - Internal Trade
NCERT solutions for Ncert Class 11 Business Studies chapter 10 (Internal Trade) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Ncert Class 11 Business Studies solutions in a manner that help students grasp basic concepts better and faster.
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Concepts covered in Ncert 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), Terms of Trade - Errors and Omissions Excepted (E&OE).
Using NCERT Class 11 solutions Internal Trade exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 11 prefer NCERT Textbook Solutions to score more in exam.
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