Question

Define retailing. Discuss the scope and prospects of retail sector in the current Indian context.

26 Oct 2021
Answer :
Word Count : 596

Retailing refers to the process of selling goods and services to consumers for their personal use or consumption. It is a crucial part of the supply chain that bridges the gap between manufacturers or wholesalers and end consumers. Retailers play a vital role in meeting consumer demands, offering a wide range of products, and providing convenience and accessibility to customers.

Scope of Retailing in the Current Indian Context:
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