In franchising, the business unit who is given the right is ________ and the parent company is the _________
Franchisee; franchiser
Franchiser; franchisee
Franchise; franchiser
Franchisee; franchise
Direct mail, televised shopping, and catalogue retailing are forms of
Direct selling
Direct marketing
Franchising
None of these
Lack of storage facilities, lack of business training, dependence on honorary services etc. are limitations of
Super markets
Departmental stores
Chain stores
Consumer cooperative stores
In case of departmental stores, which of the following is high in comparison to chain stores?
Operating costs
Non-operating costs
Process costs
Street shops, seconds shops, second hand shops are types of
Itinerant retailers
Fixed shop retailers
Fluctuating shop retailers
Large shop retailers
Which is concerned with the buying and selling of goods and services to the ultimate consumers who use the product?
Wholesale trade
Retail trade
none of these
Who provide warehousing facilities thereby removing time lags between production and quantities required by the market?
Wholesalers
Retailers
Producers
Assortment of products and pricing of products are the functions of
Franchise
Marketing costs are comparatively low in case of
Mail order retailing
Super market
Which of the following is usually used by publishers to sell their books?
Catalogue retailing
Direct mail
Indirect mail
Televised shopping