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.

Answer 1

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.