Answer :

Retail traders are a part of the business community in a country. Retail traders operate either through permanent shops or as mobile traders moving from place to place. The different retail traders are as follows –


1) Permanent shops – these are fixed in location and carry out trade through their location.


2) Mobile traders – these traders do not have a fixed location of operation. They include


• Hawkers – these traders carry the goods physically and make door to door sales mostly of perishable products like, vegetables, fruits etc.


• Peddlers – these traders carry a variety of goods on carts and make door-to-door sales.


• Street traders – these traders’ sale their goods on footpaths but are often forced to change location by the authorities.


• Market sellers – these traders sit in designated market areas which often occur on a weekly basis in rural areas. These weekly markets are also utilized by others who gather there to barter for their requirements.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies