Retail Trade: Definition, Characteristics & Examples


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question 1 of 3

By definition, retail trade includes all of the following characteristics EXCEPT which?

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1. How does an itinerant business differ from a fixed shop?

2. The ability to buy goods via Internet links or telephone order is known as what?

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About This Quiz & Worksheet

This brief quiz and worksheet will assess your knowledge of retail trade. The worksheet can be printed with or without an answer key.

Quiz & Worksheet Goals

You will be quizzed on the following:

  • Characteristics of retail trade
  • Difference between an itinerant business and a fixed shop
  • Buying goods via Internet links or the telephone
  • Retail trade establishment focused on providing goods or services and not profits
  • Type of retail trade establishment that is typically in a warehouse or another large space

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about retail trade
  • Interpreting information - verify that you can read information about the difference between an itinerant business and a fixed shop and interpret it correctly
  • Information recall - access the knowledge you've gained about buying goods via Internet links

Additional Learning

Discover more about this topic with the related lesson titled Retail Trade: Definition, Characteristics & Examples. This lesson can give you insight into the following:

  • Various examples of retail trade
  • Statistics concerning worldwide retail trade
  • The most popular types of retail trade