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SS1: ECONOMICS - 3RD TERM
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Mining3 Topics|1 Quiz
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Financial Institutions I7 Topics|1 Quiz
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Financial Institutions II5 Topics|1 Quiz
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Financial Institutions III5 Topics|1 Quiz
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Business Organisation3 Topics
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Money5 Topics|1 Quiz
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Channels of Distribution I5 Topics|1 Quiz
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Channels of Distribution II6 Topics|1 Quiz
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Some Reasons that May Warrant the Termination of the Middleman in the Channel of Distribution
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Ways of Improving the System of Distribution of Consumer Goods in West Africa
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Why There Are Relatively Fewer Manufacturing Activities in Africa Compared with Advanced Countries
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The Role of Co-operative Societies in Distribution of Goods
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The Role of Government Agencies in Product Distribution in Nigeria
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Problems of Distributive Trade
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Some Reasons that May Warrant the Termination of the Middleman in the Channel of Distribution
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Business Finance7 Topics|1 Quiz
Lesson 7,
Topic 3
In Progress
The Wholesaler
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Topic Content:
- Meaning of Wholesaler
- Functions of Wholesaler
Who is a Wholesaler?
A wholesaler may be defined as a trader who buys goods in large quantities from the manufacturer or producer and sells them in small quantities to the retailer.
The wholesaler like the retailer is an essential element in the channel of distribution of production.
Wholesalers are also called middlemen, they are between the manufacturers and the retailers.
Functions of Wholesaler:
(i) Purchases Goods in Large Quantities: By
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