Wholesalers

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  • Q1

    Warehousing facility helps retailers in

    Marks:1
    Answer:

    making storage arrangements for holding large stock of goods.

    Explanation:

    Warehousing facility enable retailers to buy in small quantities for further sale to consumers. It relieves retailers from the need to hold large stocks of goods.

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  • Q2

    The various departments in a wholesale organisation are all the following except

    Marks:1
    Answer:

    production department.

    Explanation:

    The deparment in the wholesale organisation consists of Purchase Department, storage department, sales department, sales department, administrative department.

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  • Q3

    In a wholesale organisation, packing, grading and branding of goods are the functions of the

    Marks:1
    Answer:

    storage department.

    Explanation:

    In a wholesale organisation, packing, grading and branding of goods are the functions of the storage department. This department receives goods, keeps control of stock and helps dispatching goods.

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  • Q4

    Functions of sales department are all the following except

    Marks:1
    Answer:

    assembling.

    Explanation:

    Functions of sales department are marketing research, advertising, sales promotion and selling. Assembling is the function of the purchase department.

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  • Q5

    Department which handles cash in the wholesale organisation is the

    Marks:1
    Answer:

    administrative department.

    Explanation:

    Administrative department handles transactions related to the receipt & payment of cash, handles correspondence work and keeps accounts, records & files concerning transactions of the firm.

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