Differences between organised and unorganized retail can be specified on the basis of their ownership, logistic and supply chain facilities and structure of management (Both in formal and In formal buying organisation ) .
wholesale sells to businesses, retail sells to public.
Organized retail is a very simple set of terms. Organized retail means that the items that are sold in the retail store are sold and held in a very organized way.
accounting equation
A standard LLC are your small businesses that do not require professional licensing, such as retail stores. A professional LLC are your small businesses that do require professional licensing such as Attorney and Doctor Offices.
Drop Shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer. As in all retail businesses, the retailers make their profit on the difference between the wholesale and retail price. Hope this helps! FionaRuth
what is the percentage of organised oan unorganised retail in india
The sector,which is registered ,follows Govt. rules n regulations,have employees n employers union is called organised sector.The company form of business comes under organised sector.The private retail business is called un organised sector.Reliance retail is in organised sector,as it is in a company form n registered.
Carpet area is carpet area and retail area is retail area
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
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Retail provides a product for sale. Hospitality provides a service for sale
wholesale sells to businesses, retail sells to public.
trash bags are black and bulky , retail bags are fancy
shopping convenience The element of convenience is fast gaining prominence in the world of organised retail.
There is little difference between a retail store and a department store. A retail store offers many brands and products designed as a single store. A department store is normally one brand or company but may be a part of a larger retail establishment such as a mall.
Organized retail is a very simple set of terms. Organized retail means that the items that are sold in the retail store are sold and held in a very organized way.
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.