Concept:Setting up a retail business involves choosing the right combination of essential factors before starting operations.
Explanation:The key factors considered include capital, the type of goods to sell, and the source of supply.
Capital is needed to finance the shop and buy stock.
The type of goods determines the nature of the retail outlet.
The source of supply ensures a steady and reliable flow of products.
Options A, B, and C include "trading," which is the activity of the business, not a setup factor.
Only option D lists factors that are all relevant when setting up a retail business.
Answer:D. capital, type of goods and source of supply