Shop-Stop has opened a new retail outlet in Patna. It offers a wide variety ofproducts; classified into well-defined units each one is confined to one kind of productto satisfy every customer's need under one roof. It purchases goods directly from themanufacturers and thus eliminates middlemen.Identify the type of large scale outlet and state any of its five features.
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Question 1 (A.1):
Select the proper option from the options given below and rewrite the sentences.
A wholesaler invest ________ capital in the business.
(a) Small
(b) Large
(c) Less
ANSWER:
A wholesaler invests large capital in the business.
Explanation:
Wholesalers buy goods in large quantities from the manufacturers and sell them in smaller units to industrial units and/or retail traders. As wholesalers deal in large quantities and on a large scale, they invest large capital in the business.
The correct answer is B.
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