An example of market facilitator is?
A. transportation companies B. manufacturing companies C. manufacturers’ association D. textile sellers association Correct Answer: Option A – transportation companies
A body that comprises sellers of onions in an area is an example of a
A. labour union B. market union C. employers’ association D. producers’ association Correct Answer: Option B – market union
Which of the following goods are kept in bonded warehouse?
A. Semi-finished goods B. Dutiable goods C. Consumer goods D. Finished goods Correct Answer: Option B – Dutiable goods
An example of a government warehouse is?
A. co-operative warehouse B. bonded warehouse C. manufacturer’s warehouse D. private warehouse Correct Answer: Option B – bonded warehouse
One of the reasons transportation is important is that it?
A. ensures customers’ satisfaction B. ensures profit maximization C. facilitates the distribution of goods D. ensures stabilization of product price Correct Answer: Option C – facilitates the distribution of goodsProducts
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