Which business activity is concerned with the sale of goods directly to the consumers ? |
Retail Trading Wholesale Trading Manufacturing industry All of the above |
Retail Trading |
The correct answer is option 1: Retail Trading Retail trading is the business activity that involves selling goods directly to the final consumers in small quantities for personal use. Retailers act as the link between wholesalers/producers and consumers. Other Options: Wholesale Trading: Incorrect. Wholesalers generally sell goods in large quantities to retailers, not directly to consumers. Manufacturing industry: Incorrect. Manufacturing industries produce goods but are not primarily concerned with selling them directly to consumers. |