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What is the primary definition of retail trade?
  • a)
    Selling products to businesses in bulk
  • b)
    Purchasing products from wholesalers
  • c)
    Selling products to consumers for personal use
  • d)
    Importing products from international markets
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary definition of retail trade?a)Selling products to b...
Retail trade is defined as selling products to consumers for their personal and daily use. It involves transactions made directly with the end-users of the products, distinguishing it from wholesale or business-to-business transactions.
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What is the primary definition of retail trade?a)Selling products to businesses in bulkb)Purchasing products from wholesalersc)Selling products to consumers for personal used)Importing products from international marketsCorrect answer is option 'C'. Can you explain this answer?
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