Question

Difference between retailers and retailing

Answer 1

Answer:

A retailer is a person or business that you purchase goods from. Retailers typically don’t manufacture their own items. They purchase goods from a manufacturer or a wholesaler and sell these goods to consumers in small quantities.

Retailing is the distribution process of a retailer obtaining goods or services and selling them to customers for use. This process is explained through the supply chain.

Answer 2

Retailers and Retailing are the elements of the business in the economy that are interrelated for the completion of the business cycle.

EXPLANATION -

Retailers are the person or the agents who works in the lower level of the supply chain. They have direct connections with the customer of the market. The retailer is one important chain of the market that helps in the allocation of resources in the market. The retailer is the feedback taker also as they have direct contact with the customer. They deal with goods and services at an individual level. Whereas, retailing is the process that involves the distribution of goods and services in a market.

Without, retailers and the procedure of retailing the supply chain can't be completed as it is a wider concept of the market as well its allocation on a large scale of the market.

Learn more about the Retailer and Retailing - https://brainly.in/question/15906828