Q.State any two functions of a retailer.

A retailer performs several distinct jobs that make goods usable by the final consumer, beyond simply reselling them.

Among the several functions a retailer performs, two of the most basic are: (i) Breaking bulk — dividing the large quantities bought from a wholesaler into small units suited to what an individual consumer wants and can afford to buy at one time; and (ii) Storing (warehousing) goods — holding stock at the shop so that it is ready and available whenever a consumer wishes to buy, without the consumer having to know or wait for goods to come from further back in the supply chain. Other equally valid functions a student could name instead inc …

Students sometimes give vague answers like 'selling goods' or 'making profit', which are not specific functions; the answer should name a concrete activity suc …