MP Board · Class 11 · Business Studies · Internal TradeRetail trade involves selling goods directly to the:
Step-by-Step Solution
Retail trade is the last link in the distribution chain where goods are sold directly to the ultimate consumers for personal use.
Detailed Options Breakdown
Option : Ultimate consumers (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: Manufacturers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 2: Other wholesalers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 3: Foreign governments
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
💡 Study Guide: This question tests core syllabus concepts from Internal Trade. For formulas, key summaries, and mock exam reference guides, read the full Internal Trade Revision Notes.