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Questions and Answers
Which word is the term 'retail' derived from?
Which word is the term 'retail' derived from?
- French (correct)
- English
- German
- Spanish
What does retailing refer to?
What does retailing refer to?
- Selling goods directly to the end-user in small quantities (correct)
- Selling goods indirectly to the end-user
- Selling goods to other retailers
- Selling goods in large quantities
What is the main characteristic of retail?
What is the main characteristic of retail?
- Selling goods from multiple points
- Selling goods at wholesale prices
- Selling goods in bulk
- Selling goods directly to the consumer in small quantities (correct)
Which type of retail outlet offers a wide range of products to the end-users?
Which type of retail outlet offers a wide range of products to the end-users?
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What is a 'Mom and Pop Store' also called in India?
What is a 'Mom and Pop Store' also called in India?
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