1.

Differentiate between itinerants and fixed shop retailers.

Answer» Itinerants:
It refers to those retailers who do not have fixed place of sale. They move from one place to another in search of customers and according to the intensity of business. They deal in daily use items and require a small investment.
They include:
-Peddlers and Hawkers
-Market Traaders
-Street traders
-Cheap Jacks
Fixed Shop:
The retailers having a fixed place for sale of their goods are of this kind.These have their shops in residential localites or market place.They are divided into:
-Small Scale
Large Scale


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