ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A person or company that sells goods in large quantities at low prices, typically to retailers is a(n):
A
Processing plant
B
Service provider
C
Wholesaler
D
Factory
Explanation: 

Detailed explanation-1: -A wholesaler is a trader who buys goods in large quantities from manufacturers and sells them in relatively small quantities to the retailers. A retailer is a trader who normally buys goods from the wholesalers in moderate quantity and sells the same in very small lots directly to the final consumers.

Detailed explanation-2: -A wholesaler is a person or company who sells products in bulk to various outlets or retailers for onward sale, either directly or through a middleman. Wholesalers are able to sell their products for a lower price as they are selling in bulk, which reduces the handling time and costs involved.

Detailed explanation-3: -wholesaler Add to list Share. A wholesaler is a person or business that sells items to retail stores that will then sell them to individual customers for a higher price.

There is 1 question to complete.