RETAIL TRADE ASSIGNMENT

QUESTIONS

(a)Define the following terms

(i)Home trade

(ii)Retail trade

(b)What are the qualities of a good retailer?

2. (a)What are the basic functions of a retailer to;

(i)Producers

(ii)Consumers

(iii)Wholesalers

(b)Outline the factors considered by a retailer before establishing business in a given area

3. (a)Out line the features of a small scale retailer

(b)Explain the types of small scale retailers

4. (a)Who is an itinerant trader?

(b)Out line the features of large scale retailers

(c)Describe the types of large scale retailers

5. (a)Give the advantages and disadvantages of

(i) Multiple shops

(ii) Super markets

(III) Departmental stores