Stock Incharge
Stock Incharge Interview Questions and Answers
Q1. What is retaill
Retail refers to the sale of goods or services to consumers for personal use.
Retail involves selling products directly to consumers
Retailers purchase goods from wholesalers or manufacturers
Retailers typically operate in physical stores, online platforms, or both
Examples of retail stores include Walmart, Amazon, and Target
Q2. What is wholsale
Wholesale refers to the sale of goods in large quantities to retailers or other businesses, typically at a lower price per unit than if purchased individually.
Wholesale involves selling goods in bulk quantities
It is typically done at a lower price per unit compared to retail prices
Wholesalers often sell to retailers who then sell to consumers
Examples of wholesale businesses include Costco, Alibaba, and wholesale markets
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