Introduction to Business

A super market is a large retailing business unit selling wide variety of consumer goods on the basis of low margin appeal, wide variety and…

Advantages and Disadvantages of Super Markets Main advantage is large turnover because of the large variety of merchandise which is offered to the customers. The…

Difference between Departmental stores and Multiple shops Although both these types of retail organizations are large establishments, there are certain differences between the two. Such…

Retail Trade is the level of activity in an industry that consists of selling goods directly to individual customers for their own use, rather than…

Services offered by manufacturers to the retailers The important services offered by manufacturers to the retailers are listed as below: (i) Availability of goods: Retailers…

Services to Consumers Some of the important services of retailers from the point of view of consumers are as follows : (i) Regular availability of…

Services to Manufacturers The major services offered by wholesalers to the producers of goods and services are given as below: (i) Facilitating large scale production:…

Wholesale Trade Wholesaling is concerned with the activities of those persons or establishments which sell to retailers and other merchants, and/or to industrial institutional and…

Basic Factors of Starting a Business Starting a business enterprise is similar to any other human effort in which resources are employed to achieve certain objectives.…

Causes of Business Risks Business risks arise due to a variety of causes, which are classified as follows: (i) Natural causes: Human beings have little…