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Factors considered when setting up a retail business is one of the following

Factors considered when setting up a retail business is one of the following
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Capital, experience and trading
  • B Experience, term of trade and trading
  • C Capital, trading and term of trade
  • D Capital, type of goods and source of supply
Correct Answer: Option D
Explanation:
The factors are: capital, pricing policy, source of supply, type of goods, terms of trade, experience, advertising, location of the business.

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