One of the functions of a retailer is the

JAMB Commerce 2023 205 views
Source: JAMB · 2023

One of the functions of a retailer is the

  1. breaking of bulk ✓
  2. financing of production activities
  3. provision of credit facilities to relations
  4. provision of jobs for customers
Explanation

Retailers buy goods in large quantities from wholesalers and sell them in small units to consumers. This is called breaking of bulk.

For example, a shop buys a carton of sachet water and sells single sachets. Financing production is not a retailer’s job.

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