Question

C. State whether the following are True or False
1. The term 'retailing' refers to a business deal in which the seller sells in large quantities as per the need of the customer.
2. This activity of the retailer does not create value addition or utility for customers.
3. Wholesalers resell merchandise to retailers and not to the consumers.​

Answer 1

1. true

2. false

3. false

Answer 2

Stating whether the following sentences are True or False:

Explanation:

1. False because retail is a business deal in which the seller sells small

quantities of goods to the customers as per their needs.

2. False because this activity of the retailer creates value addition or utility for customers.

3. True because wholesale means selling of goods for business use or for resale purpose