Problem
A. Describe what is meant by "Retail" and include the 3 categories of retail! Why does Retail have an important role in a company's supply chain?
B. Name 4 types of value creation activities carried out by retailers and in each activity include an explanation with company examples!
C. Name and explain at least 4 types of general goods retail stores! and include with examples of companies (can be foreign or local companies in the country) in each type of retail store!
D. One type of ownership in a retail company is Franchising. You are asked to explain what is meant by Franchising! give examples of foreign companies and local companies that implement franchising!