{"id":5133,"date":"2019-02-14T04:35:08","date_gmt":"2019-02-13T23:05:08","guid":{"rendered":"http:\/\/astan.lk\/al_virtualclassroom\/?p=5133"},"modified":"2019-02-16T11:42:25","modified_gmt":"2019-02-16T06:12:25","slug":"retail-trade","status":"publish","type":"post","link":"https:\/\/astan.lk\/al_virtualclassroom\/retail-trade\/","title":{"rendered":"Retail trade"},"content":{"rendered":"<p>According to the manager they operate retail traders can be basically classified as follows<\/p>\n<ol>\n<li>Mobile retailers<\/li>\n<li>\u0097 Fixed retailers<\/li>\n<\/ol>\n<p>\u0097 Different kinds of retail traders can be shown in the following flow chart.<\/p>\n<p><a class=\"fancybox\" href=\"http:\/\/astan.lk\/al_virtualclassroom\/wp-content\/uploads\/2017\/01\/bt.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5135\" src=\"http:\/\/astan.lk\/al_virtualclassroom\/wp-content\/uploads\/2017\/01\/bt-300x189.jpg\" alt=\"bt\" width=\"481\" height=\"304\" \/><\/a><\/p>\n<ul>\n<li>Mobile trade is the sale of goods going from place to place and fixed trade is selling goods in one place.<\/li>\n<li>\u0097Mobile trade and fixed trade can be classified as small scale and large scale.<\/li>\n<li>\u0097The person who sells different kinds of ornamental items on a small scale using bicycles<br \/>\nand carts is called a hawker<\/li>\n<li>When vegetables, fruits etc are sold on small scale in a small place prepared to keep the<br \/>\ngoods, it is called a stall<\/li>\n<li>When different types of goods are sold under one ownership in one building with separatesections for each type, they are called departmental stores.<\/li>\n<li>When there are branches of stores all over the country to sell the products of one producer, they are called Multiple stores.<\/li>\n<li>When goods are sold with an agreement to sell only one producer\u2019s goods they are called chain stores. (Explain briefly the other stores included in the above diagram)<\/li>\n<\/ul>\n<p>\u0097 <strong>The following are some of the new trends in present retail trade.<\/strong><\/p>\n<ul>\n<li>Using modern management techniques.<\/li>\n<li>Maintaining relatively large scale retail stores.<\/li>\n<li>Getting required quantity of stock just in time (JIT) without stocking large stocks.<\/li>\n<li>\u00a0Computerised price index.<\/li>\n<li>\u00a0Payments through credit cards.<\/li>\n<li>Maintaining relationship networks with customers.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the manager they operate retail traders can be basically classified as follows Mobile retailers \u0097 Fixed retailers \u0097 Different kinds of retail traders can be shown in the following flow chart. Mobile trade is the sale of goods going from place to place and fixed trade is selling goods in one place. \u0097Mobile [&hellip;]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10,2399],"tags":[],"class_list":["post-5133","post","type-post","status-publish","format-standard","hentry","category-business-studies","category-unit-11-en-business-studies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retail trade - Learning &amp; Education Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/astan.lk\/al_virtualclassroom\/retail-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail trade - Learning &amp; Education Portal\" \/>\n<meta property=\"og:description\" content=\"According to the manager they operate retail traders can be basically classified as follows Mobile retailers \u0097 Fixed retailers \u0097 Different kinds of retail traders can be shown in the following flow chart. 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