Retail Trade — Important Questions
ICSE · Class 11 · Commerce
65 important questions from Retail Trade for ICSE Class 11 Commerce, with answers. Includes multiple choice, multiple correct and true false questions.
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Important Questions from Retail Trade
Which author defined retailing as activities involved in selling directly to the ultimate consumer?
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Cundiff and Still
Cundiff and Still gave the definition that retailing involves selling directly to the ultimate consumer.
Which author defined a retailer as a business firm which sells primarily to ultimate consumers?
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Mc Carthy
Mc Carthy defined a retailer as a business firm that sells primarily to ultimate consumers.
Which author defined retailing as activities directly related to the sale of goods or services to the ultimate consumer for personal non-business use?
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F.E. Clark and C.P. Clark
F.E. Clark and C.P. Clark gave this definition of retailing.
Which author gave a definition of retailing identical in wording to F.E. Clark and C.P. Clark?
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William J. Stanton
William J. Stanton gave the same wording as F.E. Clark and C.P. Clark.
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