What is the main difference between wholesale and retail sale in handicrafts?
Answer and explanation
Correct answer: Wholesale sells large quantities to traders, retail sells directly to final customers
Wholesale and retail differ in quantity and type of customer. Exam tip: remember the difference in sales channels.
Frequently asked questions
What is the correct answer to this question?
Wholesale sells large quantities to traders, retail sells directly to final customers
Why is this the correct answer?
Wholesale and retail differ in quantity and type of customer. Exam tip: remember the difference in sales channels.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.