Which of the following functions is not performed by as small retailer?
Answer Details
A small retailer may not perform the function of financing producers.
Financing producers involves providing financial support to the producers or manufacturers for their production process. This function requires significant financial resources and expertise, which may not be within the capacity of a small retailer. Small retailers typically purchase goods from wholesalers, stock them, and sell them to consumers in units or quantities, either for cash or on credit. They may also offer a variety of goods to their customers to choose from. However, financing producers is more commonly associated with larger businesses such as banks, investment firms, or venture capitalists who have the necessary financial resources to invest in large-scale production activities.