1. When goods are sold in smaller quantities to the final consumers, then it is called as retail trade.
2. The person doing retail trade is called as retailer.
Trade Unions
Political Parties affiliated to
Indian National Trade Union Congress (INTUC)
Indian National Congress
All India Trade Union Congress (AITU)
Communist Party of India
Bharatiya Kamgar Sena (BKS)
Shiv Sena
The Bharatiya Mazdoor Sangh (BMS)
Bharatiya Janata Party...
According to William Stanton – “Retail trade includes all activities directly related to the sale of goods and services to the ultimate consumer for personal and non-business use”.
1. It is a modern form of trade which is done through internet.
2. It is becoming move popular in Indian market.
3. It saves time and cost of management.
4. E.g. Flipkart,...