Retailing is responsible for matching the individual demands of the consumer with vast quantities of supplies produced by manufacturers and service providers.

Question

Quizplus · Accepted Answer

Retailing involves the process of providing products and services to consumers who demand them. Retailers act as intermediaries between manufacturers and consumers, ensuring that the right products are delivered to the right consumers at the right time and place. Therefore, retailing is responsible for matching the individual demands of the consumer with vast quantities of supplies produced by manufacturers and service providers.

Retailing Is Responsible for Matching the Individual Demands of the Consumer