Question

Write the characteristics of wholesale trade.

Answer 1

Answer:

this is from my civics book

Explanation:

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Answer 2

Answer:_____________________________________

The main charactristics of wholesale trade are as follows :-

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1.The wholesaler deals in large quantities of goods.

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2.He generally specialises in the purchase and sale of one line of goods.

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3.He sells goods in small lots to retailer and generally does not sell directly to ultimate customers.

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4.He serves a link between manufacturer and retailer.

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5.He normally has complete knowledge of the products in which he deals.

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

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7.The wholesaler is the second intermediary in the channel of distribution.

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