Small scale retailing - SS1 Commerce Past Questions and Answers - page 1
What is the primary characteristic of hawking as a form of small-scale retailing?
Operation from fixed retail units
Mobile approach and direct customer interaction
Mobile approach and direct customer interaction
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What is a common feature of mobile shops?
Limited product range and storage capacity
Fixed location and higher overhead costs
Exclusive operation at shopping malls
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Where are kiosks typically found?
In remote areas with low foot traffic
High-traffic areas or popular shopping destinations
High-traffic areas or popular shopping destinations
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What is a disadvantage of hawking as a retailing method?
Dependence on vehicle maintenance and fuel costs
High operating costs compared to fixed stores
Dependence on vehicle maintenance and fuel costs
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What is a primary advantage of kiosks?
Wide range of product offerings
Reduced rental costs compared to larger retail spaces
Flexibility in reaching different areas
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How does mobile retailing differ from hawking?
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What are the main advantages of small-scale retailing methods?
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