BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INTERNATIONAL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
buy goods from wholesalers or directly from manufacturers and resell them to the consumer
A
retailers
B
wholesalers
C
industry
D
production
Explanation: 

Detailed explanation-1: -A retailer buys from wholesalers and producers in large quantities and sells to consumers in small quantities. This helps them make some profit. Q.

Detailed explanation-2: -Retailer. The retailer buys products from the wholesaler or distributor and sells those products in small quantities to customers. That makes the retailer the final link with the customer in the sales chain.

Detailed explanation-3: -Distribution channels include wholesalers, retailers, distributors, and the Internet. In a direct distribution channel, the manufacturer sells directly to the consumer. Indirect channels involve multiple intermediaries before the product ends up in the hands of the consumer.

Detailed explanation-4: -A wholesaler is a type of business that purchases goods in bulk from a manufacturer, and then sells them to retailers. Wholesalers benefit from economies of scale, which allows them to profit by selling products to a number of different retailers at a higher price.

There is 1 question to complete.