Drugstore and business management (36-45)
36.In a mail order business goods are sold
A. On cash basis
B. On credit basis
C. Both cash and credit basis
D. On instalment basis
Ans. A
37.Retailers have direct link with
A. Wholesalers
B. Consumers
C. Producers
D. Both A&B
Ans. D
38.A wholesaler acts as a link between manufacturer and
A. Retailer
B. Consumers
C. Both A &B
D. None
Ans. A
39.Wholesalers should be removed from the chain of distribution because they
A. Provide services to producers
B. Help in increasing the production
C. Provide services to retailers
D. Increase the price of goods
Ans. D
40.Retailers are those who deal in
A. Small quantity of goods
B. Large quantity of goods
C. Better quality of goods
D. All of the above
Ans. A
41.Wholesalers are person who deal in
A. Better quality of goods
B. Small quantity of goods
C. Large quantity of goods
D. Large variety of goods
Ans. C
42.Suppliers are selected on the basis of
A. Quotation analysis
B. Past performance
C. Judgement of selection committee
D. All of the above
Ans. D
43.Which of the following are objectives of purchasing
A. Purchase of right quality
B. Purchase of right quantity
C. Purchase from right source
D. All of the above
Ans. D
44.Purchase indent is an
A. Internal document
B. Legal document
C. External document
D. Any of the above
Ans. A
45.Indian Contract Act was passed in
A. 1992
B. 1872
C. 1972
D. 1892
B
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