Question

Companies that purchase inventories that are primarily in finished form for resale to customers are known as:_________

Answer 1

Companies that purchase inventories that are primarily in finished form for resale to customers are known as merchandising.

Merchandising is any practice that contributes to the sale of products to a retail patron. At a retail in-keep level, vending refers to showing merchandise that is for sale in an innovative way that entices clients to purchase greater gadgets or merchandise.

Any top for sale is merchandise, a few examples consist of groceries in a grocery store, clothes in a retail keep, electronics on an internet site, or raw materials in a production warehouse. If someone can sell the object or buy the item, then it's the product.

Vending refers to the advertising and income of merchandise. merchandising is most usually synonymous with retail sales, where companies sell merchandise to purchasers. merchandising, more narrowly, may additionally talk over with the advertising and marketing, promotion, and advertising and marketing of products intended for retail sale.

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