BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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retail merchandising business
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wholesale merchandising business
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record retail business
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inventory merchandising wholesaler
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Detailed explanation-1: -Retail Merchandising Business: a merchandising business that sells to those who use or consume the goods. Wholesale Merchandising Business: A business that buys and resells merchandise to retail merchandising businesses.
Detailed explanation-2: -Under this definition, there are two types of merchandising companies, namely retail and wholesale. Retailers sell their products directly to consumers, while wholesalers buy from manufacturers and sell to retailers.
Detailed explanation-3: -A merchandiser is a business that sells merchandise, or goods, to customers.
Detailed explanation-4: -A merchandising firm is a business that purchases finished products and resells them to consumers. Consider your local grocery store or retail clothing store. Both of these are merchandising firms.