2.3 The Retail Industry Flashcards
1
Q
What is Retailing?
A
The retail consists of all the activities needed to sell products and services to customers.
2
Q
What is a Wholesalers?
A
A business that buy products from manufactures and producers,and sell them in small quantities to retailers
3
Q
What are the two types of Retailing Methods?
A
Store Retailing, Non-store Retailing
4
Q
Name the types of Non-store Retailing ?
A
Door-to-door , E-Retailing ,Push Carts , Vending Machines
5
Q
Name the five types of Store Retailing?
A
Convenience stores, Speciality stores, Supermarkets, Hypermarkets and Department stores.
6
Q
What is Convenience Stores?
A
Convenience store are small, located at neighborhood
