{"id":105604,"date":"2021-08-03T18:11:00","date_gmt":"2021-08-03T12:41:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=105604"},"modified":"2021-08-18T14:00:44","modified_gmt":"2021-08-18T08:30:44","slug":"ncert-solutions-for-class-11-business-studies-chapter-10","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/","title":{"rendered":"Class 11 Business Studies NCERT Solutions for Chapter 10 2021"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-107409\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10.jpg\" alt=\"NCERT Solutions for Class 11 Business Studies Chapter 10\" width=\"1227\" height=\"690\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10.jpg 1227w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10-768x432.jpg 768w\" sizes=\"(max-width: 1227px) 100vw, 1227px\" \/><\/p>\n<p><b>NCERT Solutions for Class 11 Business Studies Chapter 10: <\/b><span style=\"font-weight: 400;\">All NCERT answers for Class 11 Business Studies Chapter 10 can be found here. If you are a Class 11 student studying Business Studies with the NCERT Textbook, you will come across Chapter 10 Internal Trade. You should be seeking answers to the lesson&#8217;s questions once you&#8217;ve finished studying it. NCERT Solutions for <a href=\"https:\/\/www.kopykitab.com\/Class-11-Business-Studies\" target=\"_blank\" rel=\"noopener\">Class 11 Business Studies<\/a> Chapter 10 Internal Trade are available here.<\/span><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.kopykitab.com\/blog\/cbse-class-11-business-studies-ncert-solutions\/\" target=\"_blank\" rel=\"noopener\">NCERT Solutions for Class 11 Business Studies<\/a><\/strong><\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d10e373f2b0\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d10e373f2b0\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#ncert-solutions-for-class-11-business-studies-chapter-10\" title=\"NCERT Solutions for Class 11 Business Studies Chapter 10\">NCERT Solutions for Class 11 Business Studies Chapter 10<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#download-class-11-business-studies-ncert-solutions-for-chapter-10-free-pdf\" title=\"Download Class 11 Business Studies NCERT Solutions for Chapter 10 Free PDF\">Download Class 11 Business Studies NCERT Solutions for Chapter 10 Free PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#ncert-solutions-for-class-11-business-studies-chapter-10-important-concepts\" title=\"NCERT Solutions for Class 11 Business Studies Chapter 10 | Important Concepts\">NCERT Solutions for Class 11 Business Studies Chapter 10 | Important Concepts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#access-the-ncert-solution-for-class-11-business-studies-chapter-10-%e2%80%93-internal-trade\" title=\"Access the Ncert Solution For Class 11 Business Studies Chapter 10 \u2013 Internal Trade\">Access the Ncert Solution For Class 11 Business Studies Chapter 10 \u2013 Internal Trade<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#1-what-is-meant-by-internal-trade\" title=\"1. What is meant by internal trade?\">1. What is meant by internal trade?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#2-specify-the-characteristics-of-fixed-shop-retailers\" title=\"2. Specify the characteristics of fixed shop retailers.\">2. Specify the characteristics of fixed shop retailers.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#3-what-purpose-is-served-by-wholesalers-providing-warehousing-facilities\" title=\"3. What purpose is served by wholesalers providing warehousing facilities?\">3. What purpose is served by wholesalers providing warehousing facilities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#4-how-does-market-information-provided-by-wholesalers-benefit-the-manufacturers\" title=\"4. How does market information provided by wholesalers benefit the manufacturers?\">4. How does market information provided by wholesalers benefit the manufacturers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#5-how-does-the-wholesalers-help-the-manufacturer-in-availing-the-economies-of-scale\" title=\"5. How does the wholesalers help the manufacturer in availing the economies of scale?\">5. How does the wholesalers help the manufacturer in availing the economies of scale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#6-distinguish-between-single-line-stores-and-specialty-stores-can-you-identify-such-stores-in-your-locality\" title=\"6. Distinguish between single line stores and specialty\u00a0stores. Can you identify such stores in your locality?\">6. Distinguish between single line stores and specialty\u00a0stores. Can you identify such stores in your locality?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#7-how-would-you-differentiate-between-street-traders-and-street-shops\" title=\"7. How would you differentiate between street traders and street shops?\">7. How would you differentiate between street traders and street shops?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#8-explain-the-services-offered-by-the-wholesalers-to-the-manufacturers\" title=\"8. Explain the services offered by the wholesalers to the manufacturers.\">8. Explain the services offered by the wholesalers to the manufacturers.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#9-what-are-the-services-offered-by-retailers-to-wholesalers-and-consumers\" title=\"9. What are the services offered by retailers to wholesalers and consumers?\">9. What are the services offered by retailers to wholesalers and consumers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#long-questions-for-ncert-business-studies-solutions-class-11-chapter-10\" title=\"Long Questions for NCERT Business Studies Solutions Class 11 Chapter 10\">Long Questions for NCERT Business Studies Solutions Class 11 Chapter 10<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#1-itinerant-traders-have-been-an-integral-part-of-internal-trade-in-india-analyze-the-reasons-for-their-survival-in-spite-of-competition-from-large-scale-retailers\" title=\"1. Itinerant traders have been an integral part of internal trade in India. Analyze\u00a0the reasons for their survival in spite of competition from large scale retailers.\">1. Itinerant traders have been an integral part of internal trade in India. Analyze\u00a0the reasons for their survival in spite of competition from large scale retailers.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#2-discuss-the-features-of-a-departmental-store-how-are-they-different-from-multiple-shops-or-chain-stores\" title=\"2. Discuss the features of a departmental store. How are they different from multiple shops or chain stores?\">2. Discuss the features of a departmental store. How are they different from multiple shops or chain stores?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#3-why-are-consumers%e2%80%99-cooperatives-stores-considered-to-be-less-expensive-what-are-its-relative-advantages-over-other-large-scale-retailers\" title=\"3. Why are consumers\u2019 cooperatives stores considered to be less expensive? What are its relative advantages over other large scale retailers?\">3. Why are consumers\u2019 cooperatives stores considered to be less expensive? What are its relative advantages over other large scale retailers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#4-imagine-a-life-without-your-local-markets-what-difficulties-would-a-consumer-face-if-there-is-no-retail-shop\" title=\"4. Imagine a life without your local markets. What difficulties would a consumer face if there is no retail shop?\">4. Imagine a life without your local markets. What difficulties would a consumer face if there is no retail shop?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#5-explain-the-usefulness-of-mail-order-houses-what-types-of-products-are-generally-handled-by-them-specify\" title=\"5. Explain the usefulness of mail order houses. What types of products are generally handled by them? Specify?\">5. Explain the usefulness of mail order houses. What types of products are generally handled by them? Specify?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#access-other-chapters-ncert-solutions-class-11-business-studies-%e2%80%93\" title=\"Access Other Chapters NCERT Solutions Class 11 Business Studies \u2013\u00a0\">Access Other Chapters NCERT Solutions Class 11 Business Studies \u2013\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#faqs-on-class-11-business-studies-ncert-solutions-for-chapter-10\" title=\"FAQs on Class 11 Business Studies NCERT Solutions for Chapter 10\">FAQs on Class 11 Business Studies NCERT Solutions for Chapter 10<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#what-does-%e2%80%9cinternal-trade%e2%80%9d-imply\" title=\"What does &#8220;internal trade&#8221; imply?\">What does &#8220;internal trade&#8221; imply?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#where-can-we-get-the-pdf-for-ncert-solutions-for-class-11-business-studies-chapter-10\" title=\"Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 10?\">Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#what-does-it-cost-to-obtain-ncert-solutions-for-class-11-business-studies-chapter-10-pdf\" title=\"What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 10 PDF?\">What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 10 PDF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/#is-it-possible-to-view-chapter-10-while-offline\" title=\"Is it possible to view Chapter 10 while offline?\">Is it possible to view Chapter 10 while offline?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ncert-solutions-for-class-11-business-studies-chapter-10\"><\/span><b>NCERT Solutions for Class 11 Business Studies Chapter 10<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10.pdf\" target=\"_blank\" rel=\"noopener\">NCERT Solutions for Class 11 Business Studies Chapter 10<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">\u00a0<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br \/><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"download-class-11-business-studies-ncert-solutions-for-chapter-10-free-pdf\"><\/span><b>Download <\/b><strong>Class 11 Business Studies NCERT Solutions for Chapter 10 Free PDF<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><a style=\"width: auto; padding: 18px; cursor: pointer; font-weight: bold; border-radius: 40px; color: #ffffff; background: #ff4500;\" href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs10.pdf\" target=\"_blank\" rel=\"noopener\">Click Here<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Students can understand the concepts without any hassle. To understand the NCERT Solutions of Class 11 Business Studies and excel in their Business skills, you can download its PDF. The PDF is available both online and offline.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"ncert-solutions-for-class-11-business-studies-chapter-10-important-concepts\"><\/span><b>NCERT Solutions for Class 11 Business Studies Chapter 10 <\/b><b>| Important Concepts<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Intra-company commerce<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Internal trade types<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Retailer classification<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Different types of retail commerce<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Itinerants<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Itinerants come in a variety of shapes and sizes.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fixed-price merchants<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Retailers with a large footprint<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Department shops are establishments that are divided into several categories.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Several stores<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Retailing via mail order<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A consumer cooperative shop is a place where people get together to help one another.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Supermarkets are a type of store that sell<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Machines that sell things<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Commerce and industry have an important role to play.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">NCERT Solutions Chapter 10 for Class 11 Business Studies gives a wide range of informative examples to assist students understand and learn rapidly. The examples above are from the CBSE syllabus for class 11.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"access-the-ncert-solution-for-class-11-business-studies-chapter-10-%e2%80%93-internal-trade\"><\/span>Access the Ncert Solution For Class 11 Business Studies Chapter 10 \u2013 Internal Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1-what-is-meant-by-internal-trade\"><\/span><strong>1. What is meant by internal trade?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The buying and selling of goods and services within the nation boundaries is termed as internal trade. No custom duty or import duty is levied upon them as they are domestically produced and are meant for consuming domestically. There are two kinds of internal trades: wholesale trade and retail trade<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-specify-the-characteristics-of-fixed-shop-retailers\"><\/span><strong>2. Specify the characteristics of fixed shop retailers.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Fixed shop retailers are those who maintain a permanent establishment and conduct their business from there. They do not need to move from one place to another in order to sell their service and goods.<\/p>\n<p>Here are some of the characteristics:<\/p>\n<p>1. They have a greater resource base and operate on a larger scale as compared to other traders.<\/p>\n<p>2. They deal in more than one category of products, and it includes consumer durable and non-durables.<\/p>\n<p>3. They can provide additional services such as home delivery, goods supplied on credit.<\/p>\n<p>4. Being fixed in one place, they have more credibility in eyes of the consumer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-what-purpose-is-served-by-wholesalers-providing-warehousing-facilities\"><\/span><strong>3. What purpose is served by wholesalers providing warehousing facilities?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Wholesalers providing warehousing facilities serve the following purpose:<\/p>\n<p>1. They purchase goods in bulk from manufacturers. Store and distribute the purchased goods to retailers in small quantities.<\/p>\n<p>2. Being situated near the centre of distribution they are known as place of utility.<\/p>\n<p>3. The bulk purchasing done by distributors help manufacturers undertake large scale production without worrying about storage issues.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4-how-does-market-information-provided-by-wholesalers-benefit-the-manufacturers\"><\/span><strong>4. How does market information provided by wholesalers benefit the manufacturers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Market information provided by wholesaler benefits manufacturer in the following ways:<\/p>\n<p>1. Information on preferences of customers and their tastes.<\/p>\n<p>2. Prevailing market conditions<\/p>\n<p>3. Goods that are in demand among consumers<\/p>\n<p>4. Level of competition in the market<\/p>\n<p>Using such information manufacturers can produce products that suits the customers need.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5-how-does-the-wholesalers-help-the-manufacturer-in-availing-the-economies-of-scale\"><\/span><strong>5. How does the wholesalers help the manufacturer in availing the economies of scale?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Wholesaler help manufacturer in availing economics of scale in following ways:<\/p>\n<p>1. Purchase goods in bulk quantities from manufacturer and distributing to retailers in small quantities.<\/p>\n<p>1. By providing manufacturers with warehousing facilities they reduce burden of storage.<\/p>\n<p>2. Create time and place utility and enable manufacturers to produce goods on large scale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6-distinguish-between-single-line-stores-and-specialty-stores-can-you-identify-such-stores-in-your-locality\"><\/span>6. Distinguish between single line stores and specialty\u00a0stores. Can you identify such stores in your locality?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Basis of Comparison<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Single Line Stores<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Specialty stores<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Meaning<\/p>\n<\/td>\n<td>\n<p>Stores dealing with only one type of product<\/p>\n<\/td>\n<td>\n<p>Stores dealing with one particular product line of a product<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Location<\/p>\n<\/td>\n<td>\n<p>Can be located at any place in market<\/p>\n<\/td>\n<td>\n<p>Located in the central place of the market<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Examples<\/p>\n<\/td>\n<td>\n<p>A sweet shop selling all varieties of sweet<\/p>\n<\/td>\n<td>\n<p>A sweet shop producing only besan ladoos.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"7-how-would-you-differentiate-between-street-traders-and-street-shops\"><\/span><strong>7. How would you differentiate between street traders and street shops?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Basis of difference<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Street traders<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Street shops<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Definition<\/p>\n<\/td>\n<td>\n<p>Small traders who sell low cost items on street<\/p>\n<\/td>\n<td>\n<p>Traders who have shops situated in the street side and selling goods<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Shops\/establishments<\/p>\n<\/td>\n<td>\n<p>No permanent shops<\/p>\n<\/td>\n<td>\n<p>They possess permanent shops<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Products<\/p>\n<\/td>\n<td>\n<p>Newspapers, vegetable hawkers<\/p>\n<\/td>\n<td>\n<p>Grocery items, Xerox shops<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"8-explain-the-services-offered-by-the-wholesalers-to-the-manufacturers\"><\/span><strong>8. Explain the services offered by the wholesalers to the manufacturers.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Following services are offered by wholesalers:<\/p>\n<p>1. Purchasing goods in bulk from manufacturers, storing and distributing them to retailer in small quantities.<\/p>\n<p>2. Manufacturers are encouraged to undertake large scale production based on the bulk purchase by wholesalers.<\/p>\n<p>3. Reduces burden on manufacturers for storing the produced goods.<\/p>\n<p>4. Helps manufacturers with market information and customer preferences<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9-what-are-the-services-offered-by-retailers-to-wholesalers-and-consumers\"><\/span><strong>9. What are the services offered by retailers to wholesalers and consumers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Following services are offered by retailers:<\/p>\n<p>1. By providing information to customers about the new products that are available in the market, they help consumers in deciding the product to buy.<\/p>\n<p>2. They also provide information to wholesalers about the tastes and preferences of consumer, prevailing conditions of the market and existing competitors.<\/p>\n<p>3. By storing of wide variety of goods based on customer tastes they help customer in choosing the best product.<\/p>\n<p>4. Retailers also promote goods as they are in direct touch with customers and hence in the best position to recommend and thus help in sales for manufacturers and wholesalers.<\/p>\n<p>5. They also help in facilitating distribution of goods to the customers for consumption.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"long-questions-for-ncert-business-studies-solutions-class-11-chapter-10\"><\/span><strong>Long Questions for NCERT Business Studies Solutions Class 11 Chapter 10<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1-itinerant-traders-have-been-an-integral-part-of-internal-trade-in-india-analyze-the-reasons-for-their-survival-in-spite-of-competition-from-large-scale-retailers\"><\/span>1. Itinerant traders have been an integral part of internal trade in India. Analyze\u00a0the reasons for their survival in spite of competition from large scale retailers.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Itinerant soldiers do not have a fixed place for conducting business, they are always on the move, from one street to another for selling their goods. Here are some reasons:<\/p>\n<p>1. Consumers seem to be more comfortable getting a service from traders who are small.<\/p>\n<p>2. The retailers deal with products such as fruits and vegetables, the value of which does not fall immediately<\/p>\n<p>3. The retailer provide more attention to customer and provide doorstep services.<\/p>\n<p>4. Price offered by itinerant traders are less compared to large scale retailers as they do not have any provision of storage, so no need to spend on storage.<\/p>\n<p>5. Itinerant traders are available at short notice as they keep moving while large scale retailers need to stick to a certain area as they have a fixed business setup.<\/p>\n<p>6. Itinerant traders have low probability of loss as compared to large scale retailers as they do not keep an inventory.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-discuss-the-features-of-a-departmental-store-how-are-they-different-from-multiple-shops-or-chain-stores\"><\/span><strong>2. Discuss the features of a departmental store. How are they different from multiple shops or chain stores?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Departmental stores are large establishments which look towards fulfilling all needs of customers under one roof. There are separate departments inside the store each dealing with a different product like groceries, furniture, medicines and electronics etc.<\/p>\n<p>Following are characteristics of departmental stores:<\/p>\n<p>1. A departmental store provide facilities such as restrooms, restaurants, grocery shops etc. and in this way look to provide great service to customers.<\/p>\n<p>2. Stores are centrally located for attracting large number of customers.<\/p>\n<p>3. A departmental store performs the dual role of a retail store as well as a warehouse. All purchases are directly done from manufacturers.<\/p>\n<p>Chain stores are networks of retail shops that are owned by manufacturers or its intermediaries. In such an arrangement, similar looking shops are established in multiple localities across the city, whereas departmental stores are established in a central location of the city. These shops deal with branded consumer durable products and have identical looking displays with matching merchandising strategies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-why-are-consumers%e2%80%99-cooperatives-stores-considered-to-be-less-expensive-what-are-its-relative-advantages-over-other-large-scale-retailers\"><\/span><strong>3. Why are consumers\u2019 cooperatives stores considered to be less expensive? What are its relative advantages over other large scale retailers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Consumer co-operative stores are formed, managed and controlled by consumers and their aim is to make goods available at cheap prices to members of society. The best part about consumer co-operative is that the middlemen is eliminated. The motive is not profit making hence the price of goods are lower than the price of goods available at retail shops. The capital investment is also less as compared to large scale enterprises.<\/p>\n<p>The following are the advantages of a co-operative store:<\/p>\n<p>1. A co-operative can be easily formed by an association of 10 people and get it registered by completing the required formalities.<\/p>\n<p>2. The liability of members is restricted to the amount of capital contributed by them.<\/p>\n<p>3. Members of co-operative have one vote to choose their representative.<\/p>\n<p>4. There is no involvement of middleman in the chain which helps keep price under check<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4-imagine-a-life-without-your-local-markets-what-difficulties-would-a-consumer-face-if-there-is-no-retail-shop\"><\/span><strong>4. Imagine a life without your local markets. What difficulties would a consumer face if there is no retail shop?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Retail shops serve as the final step in distribution channel. It acts as link between manufacturers and wholesalers by buying goods from manufacturers and selling them to consumers. They are important because of the following reasons:<\/p>\n<p>1. Retailers acts as information source for new products their price and features for customers. Customers use this information to decide products that can be bought.<\/p>\n<p>2. Customers get a wide variety of choice of goods in a retail shop<\/p>\n<p>3. Retail shops are conveniently located near to residential places that help customers get easy access to goods.<\/p>\n<p>4. Retailers offer extra facilities such as goods on credit to regular customers<\/p>\n<p>5. Retail stores ensure availability of products in a timely manner, thus keeping customers happy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5-explain-the-usefulness-of-mail-order-houses-what-types-of-products-are-generally-handled-by-them-specify\"><\/span><strong>5. Explain the usefulness of mail order houses. What types of products are generally handled by them? Specify?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Mail houses are retail outlets that are specialized in selling merchandise through the mail. In this system there is no direct contact between buyer and seller. The mail houses use advertisements in papers, magazines etc. to attract potential customers. The details of the product such as price, features and mode of payment is mentioned in the advertisement. Once the order is received, the items are prepared as per specification.<\/p>\n<p>The usefulness of mail order is:<\/p>\n<p>1. It can be started with low capital<\/p>\n<p>2. There is no middlemen so it saves money for both buyers and sellers<\/p>\n<p>3. As goods are sent using postal services, reach is more.<\/p>\n<p>4. Goods get delivered to customers at doorstep.<\/p>\n<p>Products managed by mail houses are:<\/p>\n<p>1. Goods that are easy to transport at low cost<\/p>\n<p>2. Goods that are available in large quantity<\/p>\n<p>3. Goods which can described by pictures<\/p>\n<p>4. Goods that are graded and stand<\/p>\n<p>5. Goods which are available throughout the year<\/p>\n<h2><span class=\"ez-toc-section\" id=\"access-other-chapters-ncert-solutions-class-11-business-studies-%e2%80%93\"><\/span><b>Access Other Chapters NCERT Solutions Class 11 Business Studies \u2013\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can download the PDF of NCERT Solutions Class 11 Business studies for other Chapters:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-1\/\"><span style=\"font-weight: 400;\">Chapter 1<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-2\/\"><span style=\"font-weight: 400;\">Chapter 2<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-3\/\"><span style=\"font-weight: 400;\">Chapter 3<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-4\/\"><span style=\"font-weight: 400;\">Chapter 4<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-5\/\"><span style=\"font-weight: 400;\">Chapter 5<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-6\/\"><span style=\"font-weight: 400;\">Chapter 6<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-7\/\"><span style=\"font-weight: 400;\">Chapter 7<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-8\/\"><span style=\"font-weight: 400;\">Chapter 8<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/\"><span style=\"font-weight: 400;\">Chapter 9<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-11\/\"><span style=\"font-weight: 400;\">Chapter 11<\/span><\/a><\/li>\n<\/ul>\n<p><b>All the best to the students appearing for the Class 11th board exam. Here is the detailed blog of NCERT Solutions Class 11 Business Studies Chapter 10. For further queries regarding the <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> Class 11th exam, you can ask in the comment box.\u00a0<\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"faqs-on-class-11-business-studies-ncert-solutions-for-chapter-10\"><\/span><b>FAQs on <\/b><strong>Class 11 Business Studies NCERT Solutions for Chapter 10<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1626438163273\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-does-%e2%80%9cinternal-trade%e2%80%9d-imply\"><\/span><strong>What does &#8220;internal trade&#8221; imply?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Internal commerce refers to the purchasing and selling of products and services within a country&#8217;s borders. They are exempt from customs and import duties since they are manufactured in the United States and intended for consumption in the United States. Internal commerce may be divided into two categories: wholesale and retail.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1626438203721\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"where-can-we-get-the-pdf-for-ncert-solutions-for-class-11-business-studies-chapter-10\"><\/span><strong>Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It&#8217;s available for download from the above blog.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1626438217981\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-does-it-cost-to-obtain-ncert-solutions-for-class-11-business-studies-chapter-10-pdf\"><\/span><strong>What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 10 PDF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It is completely free.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1626438225683\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"is-it-possible-to-view-chapter-10-while-offline\"><\/span><strong>Is it possible to view Chapter 10 while offline?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you may view Chapter 10 while you&#8217;re not connected to the internet.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>NCERT Solutions for Class 11 Business Studies Chapter 10: All NCERT answers for Class 11 Business Studies Chapter 10 can be found here. If you are a Class 11 student studying Business Studies with the NCERT Textbook, you will come across Chapter 10 Internal Trade. You should be seeking answers to the lesson&#8217;s questions once &#8230; <a title=\"Class 11 Business Studies NCERT Solutions for Chapter 10 2021\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/\" aria-label=\"More on Class 11 Business Studies NCERT Solutions for Chapter 10 2021\">Read more<\/a><\/p>\n","protected":false},"author":249,"featured_media":107409,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[2934],"tags":[76318,3570,76327],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105604"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/249"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=105604"}],"version-history":[{"count":4,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105604\/revisions"}],"predecessor-version":[{"id":113779,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105604\/revisions\/113779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/107409"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=105604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=105604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=105604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}