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moises andres
on Dec 14, 2024

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A limited-service wholesaler that performs all channel functions and sells on consignment to retailers, which means it retains the title to the products displayed and bills retailers only for the merchandise sold, is a

A) truck jobber.
B) transport vendor.
C) rack jobber.
D) cash and carry wholesaler.
E) drop shipper.

Rack Jobber

A merchandising agent or vendor who rents space within retail stores to sell goods, often responsible for managing inventory and setup.

Consignment

A supply arrangement where goods are left with a third party to sell, but the ownership remains with the supplier until sold.

Wholesaler

An entity involved in the business of selling goods in large quantities at low prices to retailers or other businesses, rather than to the general public.

  • Understand the concept of selling on consignment and its implications for retailers and wholesalers.
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Natasha BrownDec 18, 2024
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