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Internal Trade

Question

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How does the wholesaler help the manufacturer in availing the economies of scale ?

Solution

Manufacturer are able to avail of the economies of scale as the wholesalers are in a position to place bulk orders. Wholesaler collect small orders from a number of retailers and place the orders in advance with the producer of goods. They pool the orders of many retailers and create a market for the producer. Producer are able to undertake production on a large scale, install advanced technology and minimise production costs.

Some More Questions From Internal Trade Chapter

Give the features of wholesalers.

Give the functions of wholesalers.

Enlist the features of retail trade.

Write a short note on Super Bazaar.

What is “one-price shop” ?

Give the types of Multiple Shops.

Explain manufacturer’s shops.

Explain middlemen shops.

Explain automatic vending machines as a form of large scale retailing.

Enlist types of wholesalers.

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