wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Explian the importance of Automatic Vending Machines.

Open in App
Solution

The Automatic Vending Machines are very important because

(a) It does not require heavy fixed investment for distributing and trading the goods.

(b) Round the clock buying of goods is possible through vending machines

(c) Operating cost of this retail business is vey low as it does not require any salesman.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retail Trade
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon