ECONOMICS

Detailed explanation-1: -Merchandising refers to the marketing and sales of products. Merchandising is most often synonymous with retail sales, where businesses sell products to consumers.

Detailed explanation-2: -A merchandising business sells goods, also known as merchandise. Good examples of merchandising businesses include retail clothing, grocery stores and bookstores. Some businesses produce the goods they sell, while other merchandise businesses buy and sell goods they’ve purchased wholesale.

Detailed explanation-3: -Trading businesses, also known as merchandising businesses, are those that sell tangible merchandise. That means you can purchase goods such as socks, potato chips, or books and magazines from these vendors.

Detailed explanation-4: -Merchandising Business Examples Some of the examples are clothing stores, grocery stores, and bookstores. These businesses function by taking lots of products from either wholesalers or manufacturers at a discount and then reselling the products to make profits.