Answer :

Wholesalers are those traders who buy goods in large quantity from producers and sell them to the retailers in small quantities. They do not delve in a variety of products and only concentrate on two or three different types. They act as the link between retailers and producers and extend their credit to both parties. They also provide storage facilities, advertisement opportunities etc.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Fill in the blankKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies

Answer each of thKarnataka Board - Business Studies