MANAGEMENT

Detailed explanation-1: -Traders who buy a bulk amount of goods from the producers are known as wholesale traders. Q. When traders buy goods directly from producers in huge quantities and sell to retailers, it is known as retail trade.

Detailed explanation-2: -A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.

Detailed explanation-3: -Wholesale is the business of buying goods in large quantities from manufacturers or producers and selling smaller quantities to retailers, who will then sell smaller quantities to their customers. at wholesale.

Detailed explanation-4: -A wholesaler buys products from producers in bulk and sells it in large quantities to traders.

Detailed explanation-5: -Wholesalers operate as middlemen between product manufacturers and retailers or other businesses. They make a profit by buying products in bulk at a discount and reselling them in smaller quantities at a higher price to individual retailers.