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These people perform many of the activities required to move products efficiently from producers to consumers or industrial buyers and are often wholesalers
Who are wholesalers ?
A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.
Wholesalers are the merchant middlemen who sell mainly to retailers, other merchants, commercial, industrial, or institutional users. They buy principally for resale or business use.
The wholesaler’s business model is based on being the intermediary – the go-between. They operate between a product’s manufacturer and other businesses that want to sell that product.
What is the role of a retailers?
A retailer purchases in bulk from the wholesalers and sells the products to the customers in small quantities. A retailer essentially maintains a variety of merchandise. The aim of a retailer is to achieve maximum satisfaction by exceeding their expectations and delivering exceptional services
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Answer:
A)control corporate behavior
Explanation:
Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.
Answer:
The correct answer is A. It is true that competition is good for customers because it gives them more options.
Explanation:
In economics, competition refers to the pursuit of a goal by at least two economic subjects, with the higher degree of goal achievement of one actor causing a lower degree of goal achievement by the other.
Competition requires at least one actor with an inferior degree of target achievement and thus works against certain social principles such as equality, as it requires a privileged position of those who have achieved the higher degree of target achievement.
As for consumers, the bidding between companies through competition is beneficial. This is because, to capture the largest proportion of the market, companies make different offers, promotions and other proposals that imply benefits for consumers, who can choose the best proposal that best suits their economic possibilities and their tastes.
