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Differentiate between retail trading and wholesale trading.

OR 

Differentiate between departmental stores and chain stores.

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The business activities concerned with the sale of goods directly to the consumers known as retail trading, while wholesale trading constitutes bulk business through numerous intermediary merchants.

OR

Departmental stores delegate the responsibility and authority to departmental heads for purchasing of commodities, while chain stores are able to purchase merchandise most economically, often going so far as to direct the goods to be manufactured to their specifications.

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