ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following countries has the largest number of retailers?
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China
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United States
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Brazil
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Japan
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Explanation:
Detailed explanation-1: -In 2021, Chinese retailers Suning.com Group, Gome Electrical Appliances, and Red Star Macalline Holding Group were the leading three retail chain operators in the country, with approximately 197 billion yuan, 147 billion yuan, and 137 billion yuan in retail sales respectively.
Detailed explanation-2: -In 2021, there were 117, 997 retail companies in China, which was an increase from 107, 761 in the previous year.
Detailed explanation-3: -In 2021, China remained one of the leading retail markets in the world. That year, the country generated a retail sales revenue of over 44 trillion yuan, which translated to approximately 6.5 trillion U.S. dollars.
There is 1 question to complete.