Internal Trade Test - 1

A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing and production. In Indian English a warehouse may be referred to as a godown.

Itinerant retailers are traders who do not have a standard place of business from which they operate. They keep moving with their shops from one location to another, in search of consumers. They deal in low priced customer products of day-to-day use like toiletry products, fruits and vegetables, etc.

With the coming of Malls, the consumers get a wide variety to chose from. The customers get variety of brands under one roof which makes it convenient for them to shop. Moreover due to its various advantages, it attracts a large section of society. 

Wholesalers can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise. When the price of goods in the market is low, the wholesalers may decide to hold the goods back which result in short supply and high demand. As a result of this, the price of goods in the market increases. Consequently the wholesalers then increase the ceased supply in the market.

Tele-shopping means the ordering of goods by customers using a telephone or direct computer link. It It helps disabled and elderly people to conveniently order goods without going anywhere.

Retailer offers facilities of after sales services to its customers. Aftersale service is all the help and information that it provides to customers after they have bought a particular product. They address the services from the company to the customers.

Wholesaler trade refers to purchase and sale of commodities and services in huge/large quantities for the purpose of resale or intermediate use.

Super market allows the customers to check variety of products under one roof at a low cost. Customers can buy anyhing from groceries to books,etc at reasonable prices.

Market Trader refers to the person who sell their goods in periodical markets such as weekly or monthly. They sell their goods through stalls in such markets.