MANAGEMENT

Detailed explanation-1: -A merchandising firm is a business that purchases finished products and resells them to consumers.

Detailed explanation-2: -A merchandising company resells goods that it purchases from its suppliers.

Detailed explanation-3: -wholesale merchandising business. A business that buys and resells merchandise primarily to other merchandising businesses. Corporation. An organization with the legal rights of a person and which many persons may own. vendor.

Detailed explanation-4: -∎ Vendor – a business from which merchandise is purchased or supplies or other assets are bought. ∎ purchase on account – a transaction in which the merchandise purchased is to be paid for later.