Differentiate between Itinerant and Fixed shops.

Solution

Itinerant requires a very small investment of capital. They have no fixed place of business. They move form one place to another carrying goods on their heads or on back of animals. Itinerants sell goods in small lots to consumers in residential areas. Hawkers, pedlars, street traders, are different type of itinerant vendors.

Fixed Shops : Fixed shop retailers have a fixed place of business. They do not move from one place to another. Fixed shop retailers may be small scale or large scale retailers.

Some More Questions From Internal Trade Chapter

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Internal Trade

Differentiate between Itinerant and Fixed shops.

Some More Questions From Internal Trade Chapter

Write a short note on Super Bazaar.

What is “one-price shop” ?

Give the types of Multiple Shops.

Explain manufacturer’s shops.

Explain middlemen shops.

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

Enlist types of wholesalers.

Differentiate between Itinerant and Fixed shops.

What do you mean by Multiple Shops ?

Explain three features of “Multiple Shop”;

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