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: -Middleman business involved in sales transactions that move products from the manufacturer to the final user. A business that obtains goods from manufacturers and resells them to organizational users, other wholesalers, and retailers, also called distributors.

Detailed explanation-3: -Manufacturer to Wholesaler to Customer For example, shopping at some of the warehouse clubs, the customer may have to buy a membership in order to buy directly from the wholesaler.

Detailed explanation-4: -The manufacturers produce the products and provide them to the distributors, who then sell them to wholesalers. Then, wholesalers sell to retailers, who sell to the end consumer. Manufacturers sell in very large quantities so it’s best to work with them if you intend to buy goods in large volumes.

Detailed explanation-5: -A retailer buys from wholesalers and producers in large quantities and sells to consumers in small quantities. This helps them make some profit. Q.