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Justify the following statement. Retailer is in direct contact with ultimate consumers. - Organisation of Commerce and Management

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Question

Justify the following statement.

Retailer is in direct contact with ultimate consumers.

Short Note

Solution

  1. Retailer in a trader operating in the chain of distribution.
  2. He deals with the ultimate consumer.
  3. Retailer is the last link in the chain of distribution.
  4. Goods flow from the producer to consumer in the following way:
    Producer → Wholesaler → Retailer → Consumer
  5. Thus, retailer comes into direct contact with the ultimate consumer.
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Classification of Business Activities
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Chapter 1: Introduction of Commerce and Business - EXERCISE [Page 20]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction of Commerce and Business
EXERCISE | Q 6. 1) | Page 20
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