BUSINESS ADMINISTRATION
RETAIL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Specialized stores.
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Supermarkets (departmental).
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Wholesale store.
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Outlets.
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24 hours.
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Detailed explanation-1: -Perishable products can be donated to city missions, soup kitchens and similar organizations, while nonperishable products might be donated to help charities and other organizations to help the disadvantaged. Retailers often choose to donate surplus inventory for public relations reasons.
Detailed explanation-2: -Export surplus is the excess of exports over imports. While generally it is a positive indicator, it proved disadvantageous to India due to the following reasons: (a) Commodities were not available to Indians but were being exported. Ignoring the domestic needs, goods were being exported for the advantage of Britain.
Detailed explanation-3: -Export surplus stores sell original branded garments that may contain defective part(s) and/or defective trim(s). Garments with hidden defects and that do not hinder in the functionality of garment is okay to many wearers as they choose to buy surplus products.