Question

explain the following terms wholesalers trade​

Answer 1

Answer:

It is a form of trade in which number of goods are purchased and stored in large quantities and sold to resellers.

Answer 2

The wholesale trade refers to one type of trade which involves buying and selling of goods and services in a large quantity between the manufacturers,re-sellers,traders and other supply chain agents but not the final consumers.

Explanation:

Wholesale trading basically occurs while any good or service is still in the supply chain stage before reaching the market for final consumption.Under wholesale trading,the purchase and sale of various goods and services usually occur between manufacturers,dealers,middlemen,vendors etc. which facilitate their movement towards final market where final consumers purchase those goods and services.Their transmission of goods and services through wholesale trade is extremely important to ensure their timely availability in the final consumer market.