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SS1: ECONOMICS - 3RD TERM

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  1. Mining
    3 Topics
    |
    1 Quiz
  2. Financial Institutions I
    7 Topics
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    1 Quiz
  3. Financial Institutions II
    5 Topics
    |
    1 Quiz
  4. Financial Institutions III
    5 Topics
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    1 Quiz
  5. Business Organisation
    3 Topics
  6. Money
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I
    5 Topics
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    1 Quiz
  8. Channels of Distribution II
    6 Topics
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    1 Quiz
  9. Business Finance
    7 Topics
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    1 Quiz
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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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Debianna
14/06/2022 10:49 PM

Thank for the knowledge

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