Retail provides a product for sale. Hospitality provides a service for sale
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
These terms are usually used synonymously.
Retail Banking is nothing but the one which directly deals with and stands for General Public . And the other types like Commercial and corporate are what we can say as Non-Retail Banking
This would be the same as the industry. For example, your organization could be in retail, hospitality, medical, or education.
Manufacturing is making something, hospitality is the action of making people welcome.
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What is internal and external customer?
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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wholesale sells to businesses, retail sells to public.
trash bags are black and bulky , retail bags are fancy
In the tourism industry, "hospitality" refers to services related to accommodation, food, and overall guest experience (like hotels, restaurants, and resorts). "Service travel," on the other hand, focuses on the transportation and travel-related services that help tourists reach and explore destinations, such as airlines, travel agencies, and tour operators. In short: Hospitality = Stay and comfort Service travel = Getting there and moving around
A hospital helps you get well if you broke a leg or have a disease but hospitality is when someone treats someone else like family with care and love.
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.
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.