Types of wholesalers. - SS1 Commerce Past Questions and Answers - page 1
What is a characteristic of merchant wholesalers?
They represent either the buyer or the seller.
They take ownership of the products they sell.
They take ownership of the products they sell.
Which type of wholesaler operates as an intermediary and earns commissions or fees?
Merchant wholesalers
Manufacturers' sales branches and offices
Agents and brokers
Manufacturers' sales branches and offices
Inventory management
Wholesale distribution of their own products
Direct control over pricing and branding
Which type of wholesaler operates from warehouses or distribution centers?
Merchant wholesalers
Agents and brokers
Manufacturers' sales branches and offices
What is a distinguishing feature of agents and brokers?
They earn commissions or fees based on transactions.
They represent both the buyer and the seller simultaneously.
They take ownership of the products they sell.
State one characteristic of merchant wholesalers.
They take ownership of the products they sell.
What is the main function of manufacturers' sales branches and offices?
Wholesale distribution of their own products.