Skip to content
Question of 19

Q.In which trade is one man's control the best?

Manipur CohsemCOHSEM Manipur Higher Secondary 1st Year (Commerce) 2025Subjective· 1mImportance★★★★★est
0% · 0/19 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

Small-scale (itinerant) retail trade — hawkers, street traders, peddlers — gives the best scope for one man's control.

  • Internal trade is broadly divided into wholesale trade and retail trade, and retail trade is further divided into small-scale and large-scale retailers.
  • Small-scale retailers such as hawkers, street traders, cheap-jacks and market traders operate with very little capital, no fixed establishment and no employees — the owner personally buys the goods, carries them, sells them and collects the money.
  • Because there is no division of work among staff or partners, the entire business remains under the direct, personal control of a single person — a feature these itinerant traders are known for. …

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.