ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indirect selling
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Direct selling
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Automated retailing
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catalog retailing
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Detailed explanation-1: -A vending machine is a type of direct retailing that is relatively new. It is a machine operated by coins or tokens. It’s a coin or token-operated machine. The buyer inputs a coin or token into the machine and receives a predetermined quantity of product.
Detailed explanation-2: -Vending machines are another type of non-store retailing. Mail order is a form of non-store retailing that relies on product description to sell merchandise. The communication with the customer can be by flyer or catalog.
Detailed explanation-3: -Automated retail is the category of self-service, standalone kiosks that operate as fully automatic retail stores through the use of software integrations to replace the traditional retail services inside in a traditional retail store.