Identify the type of Internal Trade in the following statements.
(a) A businessman buying and selling goods in small quantities.
(b) A businessman specialised in one line of product.
(c ) A businessman buying large quantities from manufacturers.
(d) A businessman dealing with larger variety of goods under one roof.

Raman, Joginder, John, Iqbal and Shreya are friends. They are operating different businesses, Each one has his/her own concept regarding operating their businesses. Raman believes in producing products at a large scale, thereby decreasing the average cost of the products and selling it at a reasonable price. Joginder focuses on providing best quality products beccause he believes that a customer always wishes to buy a good quality product. The price of the product is secondary. John is of the belief most important aspect of business is sales and so he undertakes aggressive selling and promotional effort. Iqbal believes that his firm can achieve its goals only by identifying the needs of the customer satisfying them better than the competitors. Shreys feels that her firm has a responsibility towards the society as well. So she provides customer satisfaction along with using techniques which are environmental friendly. Identify and explain the marketing concepts followed by each of them.

Directions: Study the following information carefully and answer the question given below, A, B, C, D, G and H are sitting around a circular table facing the centre. Each one of them has a different profession viz. doctor, engineer, architect, teacher, clerk, shopkeeper, businessman and banker A sits third to right of teacher. D sits second to left of G. G is not an immediate neighbour of the teacher. Only one person sits between B who is the shopkeeper and teacher. The one who is an architect sits third to right of the shopkeeper. H sits between architect and engineer. E is not an immediate neighbour of H. Engineer sits third to the right of clerk. Only one person sits between businessman and F. E is neither a businessman nor a doctor. Which of the following is true with respect to the given seating arrangement? 1 E is an immediate neighbour of the engineer 2) E is an architect 3) The clerk is an immediate neighbour of the banker 4) The teacher sits between H and the engineer 5) Shopkeeper sits second to the right of the teacher

'Grahak Shakti', an N.G.O. organised a workshop to discuss various issues relating to consumers. During the discussion, one of the members drew attention towards exploitation of consumers due to defective and unsafe products, adulteration, black marketing , hoarding etc. To this another member argued that consumers themselves are responsible as they do not raise collective voice aginst the exploitation. The Chairperson of the organization was of the opinion that it was also the duty of the businessman to take care of the interests of various stakeholders. Business organizations earn money by selling goods and services to consumers . So the interests of the stakeholders have to be well taken care of . State three points that highlight the need for consumer protection as discussed in 'Grahak Shakti's workshop.

Grahak Shakti', an N.G.O. organized a workshop to discuss various issues relating to consumers. During the discussion, one of the members drew attention towards exploitation of consumers due to defective and unsafe products, adulteration, black marketing, hoarding etc. To this another member argued that consumers themselves are responsible as they do not raise collective voice against the exploitation. The Chairperson of the organization was of the opinion that it was also the duty of the businessman to take care of the interest of various stakeholders. Business organizations earn money by selling goods and services to consumers. So the interests of the stakeholders have to be well taken care of. State three points that highlight the need for consumer protection as discussed in 'Grahak Shakti's workshop.