Which of the following features is common to all retailers
Question 1 Report
Which of the following features is common to all retailers
Answer Details
The feature that is common to all retailers is selling to the final consumers. A retailer is a business or person that sells goods or services directly to the end-users, who are the final consumers. Retailers operate at the end of the supply chain, buying products from wholesalers or manufacturers and selling them in small quantities to consumers at a higher price. Retailers may operate as sole proprietors or as part of larger retail chains, and they may sell on a cash or credit basis. However, selling to the final consumers is a universal characteristic of all retailers.
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