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Q.In which trade is one man's control the best?
Manipur CohsemCOHSEM Manipur Higher Secondary 1st Year (Commerce) 2025Subjective· 1mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →Small-scale (itinerant) retail trade — hawkers, street traders, peddlers — gives the best scope for one man's control.
- Internal trade is broadly divided into wholesale trade and retail trade, and retail trade is further divided into small-scale and large-scale retailers.
- Small-scale retailers such as hawkers, street traders, cheap-jacks and market traders operate with very little capital, no fixed establishment and no employees — the owner personally buys the goods, carries them, sells them and collects the money.
- Because there is no division of work among staff or partners, the entire business remains under the direct, personal control of a single person — a feature these itinerant traders are known for. …
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