Advertisements
Advertisements
Question
Which one of the following is NOT a characteristic of retail trading?
Options
It is concerned with sale of goods directly to the consumers.
Most of the retail trading takes place in fixed establishments.
Most of the retail stores procure their Supplies from -intermediate stores.
Retail trading constitutes bulk business through numerous intermediary merchants and-supply houses.
Advertisements
Solution
Retail trading constitutes bulk business through numerous intermediary merchants and-supply houses.
Explanation:
While the fourth option does not fit the definition of retail trading, the first three do.
APPEARS IN
RELATED QUESTIONS
Which one of the following is a tertiary activity?
What are trading centres?
What is the typical characteristic of an urban marketing centre?
Define departmental stores.
What is wholesale trading service?
Give examples of informal service sector.
With examples, explain retail trading services.
How tourism has become the single largest tertiary activity?
Differentiate the BPO and KPO
Differentiate the Communication and Telecommunication:
Explain with examples the significance of the service sector in the modern economic development of the world.
Which one out of the following statements is not true?
Tertiary activities depend on ______.
Manufactured goods are provided by ____________.
Which was the first to handle large-scale retailing?
Isochrones are lines that join places of equality ____________.
Which of the following is an example of mass media?
Differentiate between retail trading and wholesale trading.
Which of the following will not be included under services?
Which of the following is the feature of rural marketing centres?
Which of the following is the feature of rural marketing centres?
______ lines are drawn on a map to join places equal in terms of the time taken to reach them.
Which of the following is not an example of Mass Media?
Which of the following is an example of low order service?
