11th NCERT Business Studies Chapter 10

– Meaning and types of internal trade

Summary: Internal trade involves buying and selling goods and services within a nation and can be categorized into various types based on the nature of transactions.

– Services of wholesalers to manufacturers and retailers

Summary: Wholesalers play a crucial role in the distribution process by facilitating the movement of goods from manufacturers to retailers efficiently.

– Services of retailers

Summary: Retailers directly interact with end consumers by offering a variety of products and services for their convenience and satisfaction.

– Types of retailers

Summary: Retailers can be classified into different categories based on their size, product range, service levels, and target customers.

– Forms of small-scale and large-scale retailers

Summary: Retailers can operate on a small scale, such as local shops, or on a large scale, like departmental stores or super markets, catering to diverse customer needs.

– Role of Chambers of Commerce and industry in the promotion of internal trade

Summary: Chambers of Commerce play a significant role in advocating for businesses, promoting trade practices, and enhancing cooperation among industry stakeholders.

– Implementation of GST

Summary: GST (Goods and Services Tax) is a comprehensive tax system that aims to unify various taxes into a single tax structure, benefiting both businesses and consumers【4:0†source】.