Please review the following chart from Chapter 12. The Retail Business The Buying Function • Checking catalogs Finding suppliers Placing orders • Receiving and stocking Seeing salespersons Taking inventory Viewing showrooms The Selling Function Advertising Doing inside displays • Maintaining a The Controlling Function • Cashiering • Checking invoices • Issuing credit Keeping records • Making bank deposits Paying bills clean store Pricing Selling • Trimming windows The chart discusses several functions within a retail business. Please also read Chapter 12 in your textbook. Of the three functions: 1. Answer which of them is the most important in your opinion. 2. Explain which is the least important in your opinion. 3. If you were required to add another function, what would it be. Explain this. You are required to write THREE detailed paragraphs total this week in your single post. Each paragraph must answer questions 1 through 3. The point value is 60 and your post is due Thursday, April 8th at 11:59pm.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Please review the following chart from Chapter 12.
The Retail Business
The Buying Function
• Checking catalogs
- Finding suppliers
• Placing orders
- Receiving and
stocking
• Seeing salespersons
Taking inventory
• Viewing showrooms
The Selling Function
· Advertising
• Doing inside displays
- Maintaining a
clean store
The Controlling
Function
- Cashiering
• Checking invoices
- Issuing credit
• Keeping records
• Making bank deposits
Paying bills
• Pricing
• Selling
• Trimming windows
The chart discusses several functions within a retail business.
Please also read Chapter 12 in your textbook.
Of the three functions:
1. Answer which of them is the most important in your opinion.
2. Explain which is the least important in your opinion.
3. If you were required to add another function, what would it be.
Explain this.
You are required to write THREE detailed paragraphs total this week
in your single post. Each paragraph must answer questions 1
through 3. The point value is 60 and your post is due Thursday, April
8th at 11:59pm.
Transcribed Image Text:Please review the following chart from Chapter 12. The Retail Business The Buying Function • Checking catalogs - Finding suppliers • Placing orders - Receiving and stocking • Seeing salespersons Taking inventory • Viewing showrooms The Selling Function · Advertising • Doing inside displays - Maintaining a clean store The Controlling Function - Cashiering • Checking invoices - Issuing credit • Keeping records • Making bank deposits Paying bills • Pricing • Selling • Trimming windows The chart discusses several functions within a retail business. Please also read Chapter 12 in your textbook. Of the three functions: 1. Answer which of them is the most important in your opinion. 2. Explain which is the least important in your opinion. 3. If you were required to add another function, what would it be. Explain this. You are required to write THREE detailed paragraphs total this week in your single post. Each paragraph must answer questions 1 through 3. The point value is 60 and your post is due Thursday, April 8th at 11:59pm.
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