SS1: COMMERCE - 1ST TERM
Introduction to Commerce | Week 13 Topics|1 Quiz
E-Commerce | Week 21 Topic|1 Quiz
History of Commerce | Week 33 Topics|1 Quiz
Occupation I | Week 41 Topic
Occupation II | Week 53 Topics|1 Quiz
Production, Division of Labour, Specialization & Exchange I | Week 63 Topics
Production, Division of Labour, Specialization & Exchange II | Week 72 Topics|1 Quiz
Home Trade | Week 86 Topics
Small Scale Retailing | Week 96 Topics
Large Scale Retailing | Week 109 Topics|1 Quiz
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Large Scale Retailing
Some businesses have metamorphosed into large-scale retailing. Some retailers can now buy in bulk directly from the manufacturers;
Definition of Large Scale Retailing:
Large scale retailing involves retail trade operation on a large scale and sale of goods in small qualities. Large-scale retailers deal in a large stock of goods and purchase goods in bulk while they sell in smaller units.
Large-scale retailers achieve their growth by increasing the physical size of their units to cater for more customers.
Types of Large Scale Retailing:
Large-scale retailing could exist as:
1. Departmental stores
2. Chain/Multiple shops
3. Mail order business
6. Discount houses
8. Retail cooperative society