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Comprehension Questions
1. What is retailing?
2. What are four different types of retail stores?
3. What are at least two types of retailing that don't include the use
of a store?
4. In what way does a retailer serve a customer?
5. In what way does a retailer serve a manufacturer?
6. Which per cent of price of the good sold goes to the retailer?
7. What is the trend with a single line retailer now?
Vocabulary Practice
Exercise 1. Put the necessary word in the sentence.
1. ... is one function a retailer may perform.
| 1 mail-order
2. You can buy newspapers, cigarettes, cookies
from a ...
| 2 discount
3. ... is the most expensive link in the chain between | 3 vending-
a producer and a consumer.
|
machine
4. The firm ... good quality of the product.
| 4 guarantees
5. She doesn't like to go shopping, she prefacers
to do it by ...
| 5 retailer
6. The department store is having a sale and there
is a 20 per cent ... on all light dresses.
| 6 extending
| credit
7. Wholesaler is an important ... between a producer | 7 link
and a consumer.
|
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