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NCERT solutions for Ncert Class 11 Business Studies chapter 10 - Internal Trade [Latest edition]

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Ncert Class 11 Business Studies - Shaalaa.com

Chapter 10: Internal Trade

Short AnswersLong Answers
Short Answers [Pages 255 - 256]

NCERT solutions for Ncert Class 11 Business Studies Chapter 10 Internal Trade Short Answers [Pages 255 - 256]

Short Answers | Q 1 | Page 255

What is meant by internal trade?

Short Answers | Q 2 | Page 255

Specify the characteristics of fixed shop retailers.

Short Answers | Q 3 | Page 255

What purpose is served by wholesalers providing warehousing facilities?

Short Answers | Q 4 | Page 255

How does market information provided by wholesalers benefit the manufacturers?

Short Answers | Q 5 | Page 255

How do the wholesalers help the manufacturer in availing of the economies of scale?

Short Answers | Q 6 | Page 255

Distinguish between single-line stores and speciality stores. Can you identify such stores in your locality?

Short Answers | Q 7 | Page 256

How would you differentiate between street traders and street shops?

Short Answers | Q 8 | Page 256

Explain the services offered by the wholesalers to the manufacturers.

Short Answers | Q 9 | Page 256

What are the services offered by retailers to wholesalers and consumers?

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Long Answers [Page 256]

NCERT solutions for Ncert Class 11 Business Studies Chapter 10 Internal Trade Long Answers [Page 256]

Long Answers | Q 1 | 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.

Long Answers | Q 2 | Page 256

Discuss the features of a departmental store. How are they different from multiple shops or chain stores.

Long Answers | Q 3 | Page 256

Why are consumers cooperatives stores considered to be less expensive? What are its relative advantages over other large scale retailers?

Long Answers | Q 4 | Page 256

Imagine a life without your local markets. What difficulties would a consumer face if there is no retail shop?

Long Answers | Q 5 | Page 256

Explain the usefulness of mail-order houses. What types of products are generally handled by them? Specify?

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Chapter 10: Internal Trade

Short AnswersLong Answers
Ncert Class 11 Business Studies - Shaalaa.com

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.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

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.

Get the free view of chapter 10 Internal Trade Class 11 extra questions for Ncert Class 11 Business Studies and can use Shaalaa.com to keep it handy for your exam preparation

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