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
Division of labour ultimately leads to?
conservation
intergration
specialization
repetition
Correct answer is C
In a division of labor, the production process is broken down into a sequence of stages, and workers are assigned to particular stages. This leads to specialization