ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Two types of Intermediaries are?
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Wholesalers and Retailers
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E-tailers and rack robbers
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Wholesalers and Resellers: They typically buy goods from the manufacturer in bulk and resell them to the retailers or other businesses. They are independent businessmen and take ownership of the products purchased from the manufacturers or producers.
Detailed explanation-2: -Wholesalers act as the intermediaries between manufacturers and retailers. Distributors act as the intermediaries between manufacturers and end-users. Retailers buy products from manufacturers or other intermediaries and sell them to the end consumer.
There is 1 question to complete.