RETAIL CHAPTER 1
Chapter one of NRF retail
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Topics of this game:
- This is a type of store that sells directly to customers.
- These are the people who pay for goods and services.
- These are the people or businesses who are selling services and goods.
- What do customers do in stores?
- What do retailers do in stores?
- What are the physical goods that are bought and sold in retail stores?
- What are the non-physical goods that are offered as someone helping or doing work for the customers?
- Who creates and produces the finished products to be sold?
- Who buys a large amount of products from the manufacturer, and sells different amounts of products to the retail stores to sell themselves?
- What is a single store, or very small chain of stores, usually locally owned? EX: a local ice cream store
- What is a business owned by the public; many people buy into the business? EXAMPLE: Walmart
- What is a large chain of stores owned by one or few individuals, but often a very large company? EX: a family business
- What is it called when a large company grants one individual to continue their company?
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