Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
633 views
in Business Studies by (56.1k points)

State the features of retail trade.

1 Answer

+1 vote
by (49.8k points)
selected by
 
Best answer

The features of retail trade are:

1. It involves the sale of goods to the final consumers. 

2. It requires the sale of wide varieties of goods. 

3. It implies selling in small quantities. 

4. A retailer sells goods to the final consumers. 

5. The turnover of retailer is, generally low.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...