BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Wholesaling involves purchasing goods in bulk from the manufacturer and then reselling them to the retailer for a profit. A wholesaler is an individual or business connecting the producer with the retailer and constituting an integral component of the supply chain.

Detailed explanation-2: -Wholesalers operate as middlemen between product manufacturers and retailers or other businesses. They make a profit by buying products in bulk at a discount and reselling them in smaller quantities at a higher price to individual retailers.

Detailed explanation-3: -Wholesalers store their products bought from producers or manufacturers in their storehouses or warehouses. A wholesaler sells the stored products later to the retailers based on their requirements. Wholesalers are like an agent between the producers and the retailers.

Detailed explanation-4: -Wholesale is the business of buying goods in large quantities from manufacturers or producers and selling smaller quantities to retailers, who will then sell smaller quantities to their customers.

Detailed explanation-5: -When traders buy goods directly from producers in huge quantities and sell to retailers, it is known as retail trade.