The difference between wholesalers and retailers is: Wholesalers are merchandise
ID: 385095 • Letter: T
Question
The difference between wholesalers and retailers is:
Wholesalers are merchandisers that sell directly to customers whereas retailers are menchandisers that sell to other merchandisers.
Wholesalers are merchandisers that sell to other merchandisers whereas retailers are merchandisers that sell directly to consumers.
Wholesalers are merchandisers that sell directly to the government whereas retailers are merchandisers that sell to other merchandisers.
Wholesalers are merchandisers that sell directly to customers whereas retailers are merchandisers that sell directly to the government.
There is no difference between wholesalers and retailers.
a.Wholesalers are merchandisers that sell directly to customers whereas retailers are menchandisers that sell to other merchandisers.
b.Wholesalers are merchandisers that sell to other merchandisers whereas retailers are merchandisers that sell directly to consumers.
c.Wholesalers are merchandisers that sell directly to the government whereas retailers are merchandisers that sell to other merchandisers.
d.Wholesalers are merchandisers that sell directly to customers whereas retailers are merchandisers that sell directly to the government.
e.There is no difference between wholesalers and retailers.
Explanation / Answer
The product which is manufactured and reaches to the market have to follow a chain which is Manufacturer then Wholesaler then Retailer then customer. The wholesaler is the one whole purchases the product from the manufacturer and then sells it to the retailer. The wholesaler purchases in the bulk where as retailer also purchases in the bulk from the wholesaler but sells as per the customer demands which may not be in bulk. But the Wholesaler purchases in bulk and sells also in the bulk. Wholesaler usually sells the product on credit basis whereas retailer sells on the cash basis. The wholesaler delivers the product at the place of the retailer but the retailer stays in market either online or physical market and sells there itself.
Hence the correct answer is b.