Shops

Question 1

Retailer

Answer 1

Is someone who sells finished goods to consumers (a shop)

Question 2

Wholesaler

Answer 2

A company or person who buys large quantities of goods from many manufacturers and sells them onto retailers

Question 3

Cash and carry wholesalers

Answer 3

Act as super market to retailers, consumers are permitted in them

Question 4

The chain of production

Answer 4

Processing stages that good services go through before it is sold to consumer

Question 5

What are the 3 sectors of the economy

Answer 5

Primary sectory
Secondary sectory
Tertiary sectory

Question 6

Primary sectory

Answer 6

Made up of industries who take materials from land or sea, example- farming and fishing

Question 7

Secondary sector

Answer 7

The manufacturing and construction sector, example- clothing, food and building industries

Question 8

Tertiary

Answer 8

Provides services for all sectors example- doctors and accountant

Question 9

Channels of distribution

Answer 9

Are methods used to transfers finished goods from manufactures to consumers

Question 10

Cash and carry wholesalers differ from traditional wholesalers because…

Answer 10

They do not deliver goods
They operate on a self service basis
Their prices tend to be lower from traditional wholesalers

Question 11

Factors when choosing a delivery system cd

Answer 11

Cost
Reliability
Convienience
Speed
Type of good being delivered
Destination