HOME TRADE - Retail Trade
Commerce SSS1 First Term
WEEK 7
HOME TRADE - Retail Trade
Performance Objectives
The student should be able to:
- Highlight the characteristics, functions, advantages and disadvantages of Retail Trade.
- State the factors to be considered before setting up a Retail Shop.
- Explain Small Scale Retailing with various Examples.
- Itemize the characteristic, the advantages and disadvantages of each of the example.
Content
FUNCTIONS OF THE RETAILER
1. The retailer sells in small quantities to the consumers; they buy from the wholesalers and break the goods into the unit to sell to the consumer.
2. The retailer sells at convenient locations and hours: They sell to the consumers at any time of the day.
3. Stock variety f goods: The retailers are exposed to a wide range of goods, they sell all kinds of things at the same.... View More
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