EWT | Academic Question

Questions
Question (31)
QN0024492
A wholesaler receives goods from several producers and supplies them to hundreds of retailers. Which function is mainly being performed?
  • (A) Manufacturing
  • (B) Distribution
  • (C) Consumption
  • (D) Advertising

Correct Answer: B
Explanation:

Wholesalers distribute goods on a large scale.

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Question (32)
QN0024493
Which participant has the greatest direct interaction with final consumers during the purchase of daily household goods?
  • (A) Producer
  • (B) Wholesaler
  • (C) Retailer
  • (D) Distributor

Correct Answer: C
Explanation:

Consumers usually purchase directly from retailers.

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Question (33)
QN0024494
A supermarket purchases goods from wholesalers instead of directly from factories because wholesalers
  • (A) supply a variety of products in bulk.
  • (B) manufacture all products.
  • (C) export all products.
  • (D) sell only imported goods.

Correct Answer: A
Explanation:

Wholesalers provide products from many producers.

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Question (34)
QN0024495
A wholesaler has 2,400 packets of tea and supplies them equally to 12 retailers. How many packets does each retailer receive?
  • (A) 180
  • (B) 190
  • (C) 200
  • (D) 220

Correct Answer: C
Explanation:

2400 ÷ 12 = 200.

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Question (35)
QN0024496
Which feature is common to both wholesalers and retailers?
  • (A) Both manufacture goods.
  • (B) Both help move goods from producers to consumers.
  • (C) Both sell only to exporters.
  • (D) Both buy only from consumers.

Correct Answer: B
Explanation:

Both are important links in the distribution chain.

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Question (36)
QN0024497
A retailer observes that demand for umbrellas increases during the rainy season. What is the most sensible business decision?
  • (A) Reduce the stock of umbrellas.
  • (B) Purchase more umbrellas from the wholesaler.
  • (C) Stop selling umbrellas.
  • (D) Sell umbrellas only to wholesalers.

Correct Answer: B
Explanation:

Retailers increase stock when demand is expected to rise.

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Question (37)
QN0024498
Which of the following best explains why wholesalers are important in the market?
  • (A) They help goods reach retailers efficiently.
  • (B) They consume all the goods produced.
  • (C) They manufacture every product.
  • (D) They replace consumers.

Correct Answer: A
Explanation:

Wholesalers ensure efficient movement of goods.

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Question (38)
QN0024499
A retailer buys 150 bottles of juice every week based on previous sales records. This decision is mainly based on
  • (A) estimating consumer demand.
  • (B) reducing production.
  • (C) importing goods.
  • (D) exporting goods.

Correct Answer: A
Explanation:

Retailers estimate demand before purchasing stock.

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Question (39)
QN0024500
Which statement best distinguishes a wholesale market from a retail market?
  • (A) Wholesale markets sell mainly in bulk, while retail markets sell in small quantities to consumers.
  • (B) Wholesale markets sell only imported goods.
  • (C) Retail markets sell only agricultural products.
  • (D) Both markets sell only to wholesalers.

Correct Answer: A
Explanation:

The quantity sold and the type of buyer are the main differences.

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Question (40)
QN0024501
Why are both wholesalers and retailers essential in the supply chain?
  • (A) They ensure goods move efficiently from producers to final consumers.
  • (B) They eliminate the need for producers.
  • (C) They manufacture all finished goods.
  • (D) They prevent consumers from purchasing directly.

Correct Answer: A
Explanation:

Together, wholesalers and retailers make goods available to consumers efficiently.

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