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SS1: ECONOMICS - 3RD TERM

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  1. Mining | Week 1
    3 Topics
    |
    1 Quiz
  2. Financial Institutions I | Week 2
    7 Topics
    |
    1 Quiz
  3. Financial Institutions II | Week 3
    5 Topics
    |
    1 Quiz
  4. Financial Institutions III | Week 4
    5 Topics
    |
    1 Quiz
  5. Business Organisation | Week 5
    3 Topics
  6. Money | Week 6
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I | Week 7
    5 Topics
    |
    1 Quiz
  8. Channels of Distribution II | Week 8
    6 Topics
    |
    1 Quiz
  9. Business Finance | Week 9
    7 Topics
    |
    1 Quiz

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Topic Content:

  • Differences between Wholesalers and Retailers

Below are the differences between Wholesalers and Retailers in tabulated form:

 

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Evaluation Questions

1. Highlight the functions of a retailer.

Answer:

  • He buys in small quantities from wholesalers and sells in units to consumers.
  • He passes useful information to the retailer.
  • He advises the wholesaler on the type of goods to stock.
  • He helps the wholesaler to advertise his products.
  • He allows credit facilities to the consumers.
  • He renders after-sales services to the consumer.
  • He advises the consumers on the use of goods.

2. Illustrate the chain of distribution

Answer:

Product-Distribution

 

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