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Questions and Answers
What is the meaning of 'retailler', from which the term 'retailer' is derived?
What is the meaning of 'retailler', from which the term 'retailer' is derived?
- To transport goods to different locations
- To sell goods in large quantities
- To cut up goods into smaller portions (correct)
- To manufacture products from scratch
According to Baker (1998), how does he define retailing?
According to Baker (1998), how does he define retailing?
- Providing services without selling goods
- Selling merchandise for personal and household consumption (correct)
- Selling goods in minimal quantities
- Manufacturing goods for commercial purposes
What is the primary focus of retailing?
What is the primary focus of retailing?
- Manufacturing goods for personal use
- Providing services to manufacturers
- Selling goods to other businesses
- Selling goods and services to final consumers (correct)
How does a retailer benefit the end user according to the text?
How does a retailer benefit the end user according to the text?
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What does a retailer provide in terms of customer convenience?
What does a retailer provide in terms of customer convenience?
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How does retailing impact accessibility for consumers?
How does retailing impact accessibility for consumers?
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What is the significance of convenience of size in retailing?
What is the significance of convenience of size in retailing?
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What is a key benefit that retailers provide based on their location?
What is a key benefit that retailers provide based on their location?
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What does retailing involve according to the provided text?
What does retailing involve according to the provided text?
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