Question

250

BUSINESS STUDIES

4. Imagine life without your local market. What difficulties would a consumer face if there is no retail shop?

5. Explain the usefulness of mail orders houses. What type of products are generally handled by them? Specify.

Projects/Assignments

1. Identify various fixed shop retailers in your locality and classify them according to the different types you have studied.

2. Do you know any retailers selling second-hand goods in your area? Find out the category of the product that they deal in ? Which products are suitable for resale? List some of your findings. What conclusions do you draw?

3. Do you observe any difference in the retail business of yesterday and the times to come. Prepare a brief write-up and discuss it in class.

4. From you own experience, compare the features of two retail stores selling the same product. For example, the same products being sold at a small scale retailer like a general store and in a big store like a departmental store. What similarities and differences can you identify in terms of price, service, variety, convenience, etc.​

Answer 1

Answer:

business studies

(4):-ans= they have to locate whole saler/ manufactures acceptor to purchase good and service with involve waste of time money and energy they cannot enjoy a variety of product.

(5):-ans= mail-orderhouses generally deal in good that are known perishable and easily transferable they do not trade in perishable goods bulky good and good that cannot be easily handled.