Types of wholesalers. - SS1 Commerce Past Questions and Answers - page 1
1
What is a characteristic of merchant wholesalers?
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A
They represent either the buyer or the seller.
B
They take ownership of the products they sell.
C
They take ownership of the products they sell.
2
Which type of wholesaler operates as an intermediary and earns commissions or fees?
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A
Merchant wholesalers
B
Manufacturers' sales branches and offices
C
Agents and brokers
3
Manufacturers' sales branches and offices
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A
Inventory management
B
Wholesale distribution of their own products
C
Direct control over pricing and branding
4
Which type of wholesaler operates from warehouses or distribution centers?
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A
Merchant wholesalers
B
Agents and brokers
C
Manufacturers' sales branches and offices
5
What is a distinguishing feature of agents and brokers?
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A
They earn commissions or fees based on transactions.
B
They represent both the buyer and the seller simultaneously.
C
They take ownership of the products they sell.
6
State one characteristic of merchant wholesalers.
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7
What is the main function of manufacturers' sales branches and offices?
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