Kinds of retailing
Describe the various kinds of retailing in brief?
Expert
Principally, retailing can be categorized to the store retailing and non store retailing.
In store retailing, the essence of a store in a specific place is taken into consideration, to sell the products. They can be executed in distinct formats such as speciality store, department store, super-markets, discount store, convenience stores, off price retailers and super stores. On other hand, non store retailing deals in selling the products via the use of electronic media or direct selling medium. Illustration: direct selling, automatic vending, telemarketing or online retailing.
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Raju and Kamala set up a consultancy firm under the name of Expert Consultancy in June 2000. The partnership agreement clearly stated that the partnership shall remain for a ten year period. In December 2010, Kamala took a personal loan amounting to RM100,000 from Bank Business
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