balance of payment
terms of trade
balance of trade
terms of payment
Correct answer is C
Balance of trade; the difference in value between a country's imports and exports.
The activity which entails buying of goods in bulk and selling in small quantities to retailers is?
assembling
wholesaling
retailing
merchandising
Correct answer is B
Wholesaling is the business of distributing goods in bulk to other businesses that repackage them in smaller quantities for sale directly to consumers.
A trend in retailing which enables consumers to have free access to different products is?
after-sales services
branding
self-services
vending machine
Correct answer is C
Self-service; denoting a shop, restaurant, etc. where customers select goods for themselves and pay at a checkout.
After-sales service is a function usually rendered by?
a retailer
a wholesaler
an agent
an enterpreneur
Correct answer is A
Retailers render after sales service to customers
A worker who process rice is engaged in?
constructive activity
comercial activity
extractive activity
manufacturing activity
Correct answer is D
Manufacturing Activities means the manufacturing, processing, testing, packaging, storing and other activities undertaken or required to be undertaken by Supplier