MANAGEMENT

Detailed explanation-1: -A merchandising company, both wholesale and retail, sells tangible goods to its consumer. These companies incur costs, such as labor and materials, to present and ultimately sell products.

Detailed explanation-2: -Merchandising Business This type of business buys products at wholesale price and sells the same at retail price. They are known as “buy and sell” businesses. They make a profit by selling the products at prices higher than their purchase costs.

Detailed explanation-3: -A merchandising firm is a business that purchases finished products and resells them to consumers. Consider your local grocery store or retail clothing store. Both of these are merchandising firms.

Detailed explanation-4: -A merchandising business is a type of business that buys finished products and sells them to consumers.

Detailed explanation-5: -Merchandising is the practice of promoting a product or brand through the use of advertising, promotions, and other marketing techniques. It is a key component of any retail business and is used to increase sales and create brand recognition.