Retailing is defined as the set of business activities that
a. focuses on a firm's core values.
b. focuses on transactions, but not relationships.
c. add value to products and services sold to consumers for their personal or family use.
d. separates wholesaling from manufacturing.
e. occurs only in brick-and-mortar space.

c. add value to products and services sold to consumers for their personal or family use.

Explanation:

Retailing entails meeting the demand of consumers by supplying them with manufactured produce. Retailing is very essential because it is the last chain in distribution processes. It connects consumers with manufacturer of various products. They buy goods in large quantities from the wholesalers and sell in smaller quantities to consumers or household for consumption or personal use.

Activities of retailers includes sourcing for information in the market place, forecasting need of the customer and also engage in financing etc.

Retailers often times communicate taste or preference of consumers to either wholesaler or manufacturer. This is because they are closer to consumers hence understand their needs.

Examples of retailing includes wares seller, phones retails store.

C. add value to products and services sold to consumers for their personal or family use.

Explanation:

Retailing can be defined as the process by which products are sold the the final consumers of that product. Retailing involves distributing of goods and services obtained and then selling it to the consumer. It is made up of all these activities involved in selling a particular product. Activities includes promotion awareness, describing the characteristics and benefits of product to buyer and potential buyer, stocking products and payments for the products amongst others.

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