Roles of Wholesaler - SS1 Economics Past Questions and Answers - page 1

1

What is the primary role of a wholesaler?

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A

Selling goods directly to end consumers

B

Purchasing goods in large quantities from manufacturers

 

C

Providing transportation services to retailers

 

D

Offering credit and financing to retailers

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2

What does it mean to "break bulk"?

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A

Selling goods directly to end consumers

B

Purchasing goods in large quantities from manufacturers

 

C

Breaking down goods into smaller quantities for sale to retailers

 

D

Offering credit and financing to retailers

 

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3

What service may a wholesaler provide to retailers?

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A

Manufacturing goods

B

Purchasing goods from retailers

C

Providing transportation services

 

D

Selling goods directly to end consumers

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4

What is the main difference between a wholesaler and a retailer?

 

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5

Enumerate 2 key roles of a wholesaler.

 

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