Study the following case/situation and express your opinion.
1) Sonupant purchases his grocery material every month from nearest Nandula
shop and he purchases wheat, rice and pulses in bulk for whole year from Gor
Son's, Market yard.
i) Who is wholesaler?
ii) Who is retailer?
iii) Any one difference between wholesaler and retailer
Answers
Answered by
2
Answer:
1) i) Gor Son's, Market yard is the wholesaler.
2) ii) Nandula shop is the retailer.
3) iii) The wholesaler simply sells in large quantities, and the retailer means selling small quantities of goods.
Explanation:
- A wholesaler is an intermediary that handles the distribution of goods from manufacturers to retailers.
- A retailer or merchant is an entity that sells goods such as clothing, groceries, or cars directly to consumers through various distribution channels with the goal of earning a profit
- The wholesaler sells the goods to the company while the company buys and resells the goods. Retailers, on the other hand, target products and sell them to end consumers.
#SPJ3
Similar questions
Math,
5 months ago
Math,
5 months ago
Math,
10 months ago
Physics,
10 months ago
Computer Science,
1 year ago
Computer Science,
1 year ago