Which of the following refers to business activities that include the purchase of products at stores, through catalogs, and over the Internet, as well as services, such as fast-food restaurants, airlines, and hotels?Multiple choice question.WholesalingManufacturingRetailingDistributing
Question
Which of the following refers to business activities that include the purchase of products at stores, through catalogs, and over the Internet, as well as services, such as fast-food restaurants, airlines, and hotels?Multiple choice question.WholesalingManufacturingRetailingDistributing
Solution
The answer is Retailing. This term refers to the sale of goods and services from businesses to the end user, known as the customer. Retailing can be done in stores, through catalogs, and over the Internet, and it includes services such as fast-food restaurants, airlines, and hotels.
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