Internal Trade

Question

Explain automatic vending machines as a form of large scale retailing.

Answer

 A vending machine is a new and complementary form of retailing. It is a slot machine operated by coins or tokens. The buyer inserts the coin or a token into the machine and receives a specified quantity of a product from the machine. Vending machines are used to sell prepacked and low cost products of mass consumption e.g. soft drinks, hot beverages, cigarettes etc.

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