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Question
Justify the following statement:
Wholesaler maintains price stability.
Solution
(I) A wholesaler is both a buyer and a seller.
(II) He is in a position to maintain price stability by balancing supply and demand factors.
(III) By supplying regular goods to the retailer, he solves the risk of shortage and price fluctuation is reduced.
(IV) Thus, wholesaler maintains price stability.
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Answer in one sentence
What do you mean by large scale fixed retailer?
Explain the following term/concept:
Wholesale Trade
Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.
Who is the retailer?
Distinguish between the following:
Wholesaler and Retailer.
Distinguish between the following:
General stores and specialty stores.
Answer in brief.
State any four features of wholesalers to manufacturers.
Justify the following statement:
Wholesaler performs various marketing functions.
Justify the following statement:
There is no scope for bargaining in one price shop.
Answer the following:
What are the main features of Wholesaler?
Explain the services of retailers to Wholesalers.
