What is retailing?
A) It is the set of business activities that adds value to the products and services sold to consumers for their personal or family use
B) It is the merchandising component of the retail mix
C) It is the strategy retailers and vendors use to get products into the stores
D) It is the process of offering products in smaller quantities for consumer consumption patterns
E) It is the ability to offer enough variety in a store to encourage one-stop shopping

Question

Quizplus · Accepted Answer

Retailing involves all the activities that take place between the manufacturer or service provider and the final consumer for personal or family use. These activities include buying, pricing, promoting, and merchandising the product to fulfill the needs and wants of the target market.

What Is Retailing