Factors considered when setting up a retail business is o...
Factors considered when setting up a retail business is one of the following _________
capital, experience and trading
experience, term of trade, and trading
capital, trading and term of trade
capital, type of goods and source of supply
Correct answer is D
Capital is one of the major factor that determines the form and size of a business and must be considered when starting a retail business.
Source of supply has to do with where and how to get the goods to be sold, either from the wholesaler or manufacturer.
Types of goods determines what the product is.
The type of computer software used mainly for management information is ...
A document which can be used for both internal and external trade is ...
Which of the following is a safest way of sending important documents through the post ...
An agent with authority to bind his principal in everything, provided he acts lawfully is called ...
The most important benefit of insurance is that it provides? ...
The most important difference between community banks and peoples’ bank is that the? ...
A firm that accepts a portion of the risk involved in an insurance contract is ...
Which of the following will not be considered in choosing a channel of distribution? ...