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What is difference between service industry and retail industry?
Wiki User
∙ 14y ago
The retail industry is exchanging money for goods while the service industy does not provide physical goods rather money for the service that the professional is providing, i.e. retail examples; store clerks, salesperson service examples; carpet cleaners, teachers
Wiki User
∙ 14y ago
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Difference between retail and hospitality?
Retail provides a product for sale. Hospitality provides a service for sale
Which one of the following is not a difference between a retail business and a service business?
accounting equation
What is the difference between a service company and a retail company?
Retail company provides goods for you to buy... for example, clothing stores. Service company provides you a service... for example, a cable television provider.
Difference between direct sale and retail sale?
Direct sale is nothing but exchange of product with money but retail is deals also with service!!
What are the industry categories?
agriculture,manufacturing,retail,wholesale,and service
What is the Difference between retail and retail marketing?
Retail Marketing consists of the sale of goods or merchandise from a fixed location, such as a department store. Marketing is everything you do to place your product or service in the hands of potential customers.
Differences between retail banking and wholesale banking?
The difference between retail and wholesale banking is much like the difference between retail and wholesale food procurement. The methods are very similar however, it is necessary to be well educated in the industry to insure getting the best product at the best price. Retail is for consumers, wholesale is for the industry.
What is difference between ordering and buying retail merchandise?
The difference between ordering and buying is In ordering you obtains the delivery service from the shop to your destination and in case of Buying you don't use delivery services offered by the company.
What is the difference between retail advertising and national advertising?
Retail advertising mainly focuses on offering services or goods for sale to people living within the stores vicinity. On the other hand, national advertising aims to generate brand awareness and sell a product or service all across a country.
What is difference between retail area and carpet area?
Carpet area is carpet area and retail area is retail area
What is the literary meaning of retail mamagemant?
Retail management in literature refers to the portrayal and exploration of the operations and challenges within the retail industry, including aspects such as sales, customer service, inventory management, and marketing strategies. It often delves into the dynamics between employees, management, and customers within a retail setting, highlighting the complexities and nuances of running a successful retail business.
What does shrinkage means in retail?
Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume
