Wholesale Trade — Flashcards

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Wholesale trade means buying and selling goods in large quantities. A wholesaler buys goods in bulk from producers or manufacturers and sells them to retailers in smaller quantities.

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A wholesaler is the first link in the chain of middlemen. He collects goods from producers and sells them to retailers. He is neither a manufacturer nor a retailer; he acts as a link between the two.

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A wholesaler is a trader who purchases goods in large quantities from manufacturers and sells them to retailers in small quantities.

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The wholesaler buys goods from producers in bulk and passes them on to retailers in smaller lots. This saves producers from many small orders and helps retailers get goods regularly without directly a…

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Wholesale traders are merchants, agents and assemblers who intervene between producers on one side and retailers or users on the other.

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A true wholesaler is neither a manufacturer nor a retailer but acts as a link between the two.

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A wholesaler is a trader whose business is the supply of goods of a certain commodity or class to the trade. He buys from producers in large quantities and resells to retailers or other traders in sma…

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A wholesaler buys and resells merchandise to retailers, other merchants, and industrial, institutional, and commercial users, but does not sell in significant amount to ultimate consumers.