Stock Incharge Interview Questions and Answers

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

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