Asked by
JUVEN LOGAGAY
on Dec 15, 2024
Verified
A wholesaler is
A) the independent firm or individual whose principal function is to bring buyers and sellers together.
B) any intermediary that takes ownership of a manufacturer's products or services and then finds multiple buyers for those products or services.
C) an intermediary that sells to other intermediaries, usually to retailers in consumer markets.
D) an intermediary that sells to consumers.
E) a manufacturing "matchmaker" that actively seeks out potential consumers and brings them to retailers.
Wholesaler
A type of business that purchases goods in large quantities from manufacturers or importers and sells them to retailers, other wholesalers, or occasionally to final consumers.
Intermediary
A person or organization that acts as a mediator or agent between parties, especially in a business or financial transaction.
Ownership
The legal right to possess, use, and dispose of something; often refers to the possession of assets.
- Discern the roles and responsibilities of various participants in the distribution network, such as retailers, wholesalers, and agents.
Verified Answer
KM
Learning Objectives
- Discern the roles and responsibilities of various participants in the distribution network, such as retailers, wholesalers, and agents.