[FAS 351] - Final Exam Guide - Ultimate 54 pages long Study Guide!
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Document Summary
Introduction to the world of retailing . Retailing- a set of business activities that adds value to the products and services sold to consumers for their personal or family use. Retailer- business that sells products and/or services to consumers for personal or family use. Manufacturing wholesaler retailer consumer. Voluntary actions taken by a company to address ethical, social and environmental impacts of its business operations and the concerns of its stakeholders. Retailers need to explain the impact of their business practices and to implement suitable strategies to seize related opportunities. Retail sector accounts for 2 million jobs nationally. Ontario & quebec contributed to largest share of sales. Leading retailers to focus on these markets. Toronto 22 million people economic value of billion. 5th largest market in north america (12th largest in the world) Top canadian retailers: weston group, walmart, the sobey"s group.