Managing Retailing, Wholesaling, And Logistics - MCQs with answers - Part 3

Managing Retailing, Wholesaling, And Logistics - MCQs with answers - Part 3

Wholesaling

1. The activities that covers selling services or goods to those who buy for business or resale use:

a) Retailing
b) Wholesaling
c) Logistics
d) None of the above

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2. Manufacturers and famers are a part of wholesaling process.

a) True
b) False
c) Can't say
d) None of the above

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3. The independently owned businesses or units that take title to the merchandise they handle are known as

a) Merchant wholesalers
b) Full-service wholesalers
c) Limited service wholesalers
d) Brokers and agents

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4. Those who carry product stocks, maintain and run a sales force, provide credit, make deliveries and offer management assistance are known as

a) Merchant wholesalers
b) Full-service wholesalers
c) Limited service wholesalers
d) Brokers and agents

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5. Cash and carry wholesalers and drop shippers falls in the category of

a) Merchant wholesalers
b) Full-service wholesalers
c) Limited service wholesalers
d) Brokers and agents

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6. Rack jobbers and mail-order wholesaler's falls in the category of

a) Merchant wholesalers
b) Full-service wholesalers
c) Limited service wholesalers
d) Brokers and agents

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7. Agricultural assemblers and auction companies falls in the category of

a) Merchant wholesalers
b) Full-service wholesalers
c) Limited service wholesalers
d) Specialized wholesalers

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8. Supply chain management starts before physical distribution.

a) Yes
b) No
c) Can't say
d) None of the above

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9. The supply chain concept can help a company locate

a) Superior suppliers
b) Superior distributors
c) Both a and b
d) None of the above

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10. Market logistics focuses on

a) Planning the infrastructure to fulfill demand
b) Implementing physical flows of materials and final goods
c) Controlling physical flows of materials and final goods
d) All of the above

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