The names of any two external organizations falling under retail trade.
Answers
Answer:
Hey mate,
Operating a successful business isn’t just about working hard, but rather about working smart. This can mean improving on planning, management, and targeting, along with many other things. The first step in actually doing so, though, is periodically reviewing and analyzing where you are in the market, and what you are doing.
Looking at the factors that affect the performance and operation of your business can provide this information, which will tell you what exactly might need improving. These factors can be positive or negative, and either internal or external. What we mean by this is that these factors can either be as a direct consequence of the actions of the company (internal), or completely unrelated and avoidable (external).
Relevant Article: Internal Factors that May Affect the Business Organization
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Answer:
Itinerant Retailers
Itinerant retailers are traders who do not have a fixed place of business to operate from. They keep on moving with their wares from street to street or place to place, in search of customers
Fixed Shop Small Retailers
(i) General stores: General stores are most commonly found in a local market and residential areas. As the name indicates, these shops carry stock of a variety of products needed to satisfy the day-to-day needs of the consumers residing in nearby localities. Such stores remain open for long hours at convenient timings and often provide credit facilities to some of their regular customers. The biggest advantage of such stores is in terms of convenience to the customers in buying products of daily use such as grocery items, soft drinks, toiletry products, stationery and confectionery. As most of their customers are residents of the same locality, an important factor contributing to their success is the image of the owner and the rapport he has established with them.