Advertisements
Advertisements
Question
What is meant by ‘mail-order retailing’?
Solution
Mail order houses are the retail outlets that sell their merchandise through the mail. There is generally no direct personal contact between the buyers and the sellers in this type of trading.
APPEARS IN
RELATED QUESTIONS
Choose the Correct Answer.
Small scale Fixed retailers include __________
Choose the Correct Answer.
______ are mobile traders who deal in low-priced articles with no fixed place of business.
State the meaning of multiple shops.
Mention any two benefits of Vending machines.
What are specialty stores?
Explain the features of general stores.
Give any four points of distinction between the hire purchase system and the installment system of selling.
Explain the characteristics of supermarkets.
State the features of Departmental stores.
What is meant by Consumer Cooperative Store? Explain its merits in brief.
