Question

explain any five function of a retrailer​

Answer 1

Explanation:

A retailer performs the dual functions of buying and assembling of goods. The responsibility of a retailer is to identify the most economical source for obtaining the goods from the suppliers and passing on the advantages to the consumer. The retailers perform the functions of warehousing and storing.

Answer 2

Explanation:

Functions of Retailers – Merchandising, Warehousing, Selling, Risk-Bearing, Grading, Packing, Grant of Credit, Guide to Wholesaler, Advertising and Salesmanship. As a middleman between the wholesaler/manufacturer and the consumer/user in the market, the retailer performs many functions.

They sell goods to retailers and in some cases directly to consumers. Wholesaler performs the functions of collection and storage of goods, distribution, financing and risk taking. Retailers are the middlemen who buy goods from wholesalers or producers and sell them to consumers. They deal in goods in small quantities.