Business Studies, asked by vimal5005, 9 months ago

A conclusion for wholesale trade

Answers

Answered by engmoeed73
3

In conclusion, wholesale trade is beneficial for the economy of a country. Wholesale trades are necessary because wholesalers sell items at a much cheaper rate and they buy large number of products from the producer and then supply it to another consumer or a buyer which ultimately benefits the country. But there are some important things that should be considered before stocking wholesale distributorship such as not buying too much stock or inventory, and not understanding the needs of the customers in the market.

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Answered by harsh05572
4

ANSWER

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Wholesale trade means buying and selling goods in large quantities that Raider who carries wholesale trade is called the wholesale according to St Thomas wholesaler is a trader who purchase goods in large quantities for manufacturers and sells them in small lots to retailers in this way of wholesaler wholesaler in between manufacturers and retailers.

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Characteristics of wholesale trade :-

•The wholesaler deals a large quantities of goods.

•He sales goods in a small Lots to retailers and generally does not send directly to ultimate consumers.

•He invest a large amount of capital to maintain a substantial stock of goods and to sell goods on credit to retailers.

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