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Study the following case/situation and express your opinion.Sonupant purchases his grocery material every month from nearest Nandulal grocery shop and he purchase wheat, rice and pulses in bulk for - Organisation of Commerce and Management

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Question

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.


Any one difference between wholesaler and retailer?

One Line Answer
Short Note

Solution

Goods are sold to retailers for the purpose of sale by wholesalers.
Goods are sold to customers for consumption by the retailer.

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Wholesale Trade and Retail Trade
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Chapter 2: Trade - Exercise Q.3 [Page 44]

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Price charged by retailers is generally _______.


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_________ retailers deal in particular goods.


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Wholesaler keeps large stock of goods.


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Explain the following term/concept:
Wholesale Trade


Explain the following term/concept:
Retail 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 wholesaler?


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.


Justify the following statement:
Wholesaler performs various marketing functions.


Explain small-scale fixed shop retailers.


Explain the services of wholesalers.


Explain the different services of retailers.


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