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Types of wholesalers. - SS1 Commerce Past Questions and Answers - page 1

1

What is a characteristic of merchant wholesalers?

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.

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2

Which type of wholesaler operates as an intermediary and earns commissions or fees?

A

Merchant wholesalers

B

Manufacturers' sales branches and offices

C

Agents and brokers

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3

Manufacturers' sales branches and offices

A

Inventory management

B

Wholesale distribution of their own products

C

Direct control over pricing and branding

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4

Which type of wholesaler operates from warehouses or distribution centers?

A

Merchant wholesalers

B

Agents and brokers

C

Manufacturers' sales branches and offices

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5

What is a distinguishing feature of agents and brokers?

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.

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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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