BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Merchant Wholesalers: These are independently owned businesses that take title to the merchandise they handle, that is they buy the merchandise that they are to handle. Different industries call them by different names – jobbers, distributors, or mill supply houses.

Detailed explanation-2: -Merchant wholesalers, also known as jobbers, distributors, or supply houses, are independently owned and operated organizations that acquire title ownership of the goods that they handle. There are two types of merchant wholesalers: full-service and limited-service.

Detailed explanation-3: -Under the North American Industry Classification System, merchant wholesalers include sales offices and sales branches that are maintained by manufacturing, refining, or mining enterprises apart from their factories or mines for the purpose of marketing their products.

Detailed explanation-4: -A merchant wholesaler is an institution that buys goods from manufacturers and resells them to other wholesalers and retailers. Merchant Wholesalers receive and take title to the goods, own warehouses, and ship the products they sell.

Detailed explanation-5: -There are two basic kinds of merchant wholesalers: 1) service (sometimes referred to as full-service wholesalers) and 2) limited-function or limited-service wholesalers.