Question

Demonstrate the functions of different retail outlets under retail business environment.
10th std UNIT 1: RETAIL STORE OPERATIONS​

Answer 1

Functions of Retailing :

1) Delivery of the goods to the end consumer.

2) Is an essential part of the distribution chain.

3) Finances the wholesaler.

4) Stores the goods according to market requirement.

5) Lends a hand in manufacturer's marketing initiative.

6) Assumes storage and credit risks.