Question

This business deals with wholesales buying and selling of commodities and sells a product without chunging its existing form.​

Answer 1

Answer:

Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers. Due to the large quantities purchased from the manufacturer at a discounted price, the wholesaler can also pass on this discount to retailers. The retailer sells at a price that reflects the overall cost of doing business

Answer 2

A wholesaler is a company or person that buys products in bulk from manufacturers and sells them to retailers. Whether you want to sell online or from a retail storefront, if you're not manufacturing products yourself, you have to get products to sell from another source. While you might be able to buy directly from a manufacturer, you'll most likely buy from a wholesaler.

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