Question

3. The capital requirement is high in
(a) unorganised retail
(b) organised retail
(c) Both (a) and (b)
(d) None of the above​

Answer 1

Answer:

(C).Both(a) and (b)

Answer 2

(B) Organised Retail is the correct option.

The capital requirement is very high in Organised Retailing.

• Organised retail is a place which is scientifically managed where all the items are arranged in a systematic manner.
• Many brands of a single product is available under one roof only.
• It has brought many advantages to the customers as well as they can visit one place only to shop all the demands and also can compare them in different options conveniently.
• The network of outlets is very vast and single business operates many branches.
• Therefore due to large size, logistics, supply chain management the capital requirement is very high.
• Unorganised Retail is incorrect option.
• Here in this concept there are small and scattered units which are not systematically organised and have no branch outlets. Only few products of single or two brands are available.
• Therefore due to small size, and no branch outlets the capital requirement is very less as compared to that of Organised Retail.

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