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Explain the following term/concept:Wholesale Trade - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept:
Wholesale Trade

टिप्पणी लिखिए

उत्तर

(I) When goods are purchased in large quantities from the manufacturers or producers for the purpose of resale to retailers, then it is called wholesale trade
(II) The person doing wholesale business is called a wholesaler.
(III) Wholesaler acts as a link between manufacturer and retailer.

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Wholesale Trade and Retail Trade
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Trade - Exercise Q.2 [पृष्ठ ४४]

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