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11th Standard Commerce Channels of Distribution English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Who is the first middleman in the channel of distribution?

    (a)

    Wholesaler

    (b)

    Producer

    (c)

    Retailer

    (d)

    customer

  2. Wholesalers deal in ______ quantity of goods.

    (a)

    Small

    (b)

    Large

    (c)

    Medium

    (d)

    Limlited

  3. An agent is appointed by the------------

    (a)

    Wholesaler

    (b)

    Retailer

    (c)

    Customer

    (d)

    Principal

  4. Commission agents playa vital role in______ marketing.

    (a)

    Agricultural

    (b)

    Industrial

    (c)

    Financial

    (d)

    Telemarketing

  5. From the following who does not come under functional middlemen _______.

    (a)

    Broker

    (b)

    Factor

    (c)

    Warehouse - keeper

    (d)

    Wholesaler

  6. Incase of auction, if no sale can take place below the minimum price fixed by the seller, is know as ______

    (a)

    Reserve price

    (b)

    Knocked down price

    (c)

    Highest bidder price

    (d)

    None

  7. With respect to a channel of distribution, the number of intermediary levels within the channel indicated the_______ of a channel.

    (a)

    Width

    (b)

    Depth

    (c)

    Length

    (d)

    Similarity

  8. Mr. X is studying the potential for selling for his company's products in USA. As part of his analysis, he is assessing the number, types and availability of wholesalers and retailers. Mr. X is studying the country's______

    (a)

    Social and Cultural norms

    (b)

    Legal and political structure

    (c)

    Distribution channel structure

    (d)

    Technological study

  9. The person who guarantees to the principal regarding the collection of cash from credit sales is called as______________

    (a)

    Agent

    (b)

    Del-credere Agent

    (c)

    Factor

    (d)

    Commission Agent

  10. Wholesaler's deals in ............. quantity of goods.

    (a)

    Small

    (b)

    Large

    (c)

    Medium

    (d)

    Limited

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