Which statement concerning retailing is correct?
A)Retailing activities cannot be performed by wholesalers.
B)It is the last stage in the distribution process.
C)All retail activities are store-based.
D)A lawyer purchasing stationery for use in his/her office is an example of retailing.

Question

Quizplus · Accepted Answer

Retailing is the last stage in the distribution process, where goods and services are sold directly to the final consumers. Wholesalers are involved in the distribution process before retailing. Retailing activities can be store-based or non-store based, such as online retailing or vending machines. However, a lawyer purchasing stationery for use in his/her office is not an example of retailing as it does not involve the sale of goods or services to final consumers.

Which Statement Concerning Retailing Is Correct