Republic of the Philippines

Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF SAN PABLO CITY

APPLIED ECONOMICS

Name of Learner
Grade level and Section GA12
Date January , 2021

Learning Competency with code: Distinguish the different types of industries in the locality
ABM_AE12II-a10

Learning Context (Brief discussion of the lesson, cite examples)

We can’t deny that retail stores plays an important role in high-level exposure of businesses and
widespread distribution of products. This is considered the link between the manufacturer and the
consumers even in bulk or in retail. In this lesson we will discuss the different types of retailing.

Learning Tasks:

1. Define retail and service?

2. What are the types of retail store?
3. Give at least importance o selling.
4. Give 5 examples of business rendering service.

Reflection

Reflect on this: Industry differ by what they do.It is very common to distinguish businesses by
industry or sector. An industry is a group of businesses that are related in terms of their main activity,
for example manufacturing cars or selling groceries.

Answer Key:
1. Retailing, the selling of merchandise and certain services to consumers. It ordinarily involves the
selling of individual units or small lots to large numbers of customers by a business set up for that
specific purpose. Service is performing duties to someone to satisfy their needs and want.
2. Speciality store, Department store, Super market, Convenience store, Discount store, Off-price
retailer.
3. Creating demand, Finding buyers, Retailing shapes the lifestyle of the people,Retailing contributes
to the economy
 Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF SAN PABLO CITY

4. Saloon, Funeral Service, Computer Shop, Catering and Restaurant, Plumbing

Prepared by: RUZEL V. RIGOR

Name of Writer

For Quality Assurance

Reviewed by:
_____________________________
Learning Resource Evaluator
(Master Teachers, Subject Specialist)

_____________________________ _____________________________
School Head Public School District Supervisor

_____________________________ _____________________________
Education Program Supervisor (Subject) Education Program Supervisor (LRMS)

Approved by:
_____________________________
CID - Chief Education Program Supervisor