MANAGEMENT

Detailed explanation-1: -Retailer: Retailers are companies that buy products from other vendors and sell them to consumers. For example, Target is a vendor that sells home appliances and other home products. Wholesaler: Wholesalers generally buy products in bulk quantities and sell them to retailers.

Detailed explanation-2: -A retailer, or merchant, is an entity that sells goods such as clothing, groceries, or cars directly to consumers through various distribution channels with the goal of earning a profit.

Detailed explanation-3: -A merchandising company buys tangible goods and resells them to consumers. These businesses incur costs, such as labor and materials, to present and sell products. Retail and wholesale companies are the two types of merchandising companies.

Detailed explanation-4: -Merchandising companies that purchase and sell directly to consumers are retailers, and those that sell to retailers are known as wholesalers.

Detailed explanation-5: -B2C businesses sell goods and services directly to consumers. A consumer is an end user who buys a product or service for personal use. Though many businesses sell their own products, this is not a requirement for the B2C model; many B2C companies resell other businesses’ products.