Archive | Business Studies

Foreign trade has a number of complications. These are:

Wholesaler denotes a type of middlemen between the producers and retailers. They generally sell goods and commodities to the retailers, industrial consumers and professional users.

The consumers co-operative store offers the following advantages its members:

Consumer’s co-operative store is a type of retail store established to eliminate the importance of middlemen.

The word retailer has been derived from the French word “Retail” which means to sell in small quantities, rather than in gross.

The various advantages of a departmental store are:

A departmental store is a large scale retail establishment having a number of departments housed in the same building and each department deal in one particular line of products.

Buying of goods in large quantities from producers and selling the same in small quantities to retailers is termed as wholesale trade and the person who carries on wholesale trade is called the “Wholesaler”.

Buying goods in large quantities from the manufacturer and selling them in small quantities to the retailer to cater the needs of the consumer is termed as wholesale trade.

Super market is a large scale retail organisation dealing mostly in food products. This type of retail organisation deals in necessaries and convenience goods.

A departmental store is a large scale retail organisation having a number of departments under one roof.

Sometimes producers open large number of shops in different places for sale of their own products directly to the consumers.

Mail order business ensures wide market for the products and the consumers residing at a far off places are benefitted by mail order business houses.

Mail order business is a type of retail trade where orders for the supply of goods are received from customers through mail and goods are dispatched through mail.

A departmental store is a large scale retail organisation having a number of departments housed under the same roof.

The followings are the list of services provided by the retailers to the consumer: