Answer:
C.
Explanation:
Wholesaling consist of the sale and all activities in selling goods or services to those who buy for resale or business use.
Characteristics of Wholesaling:
-Wholesalers generally buy merchandise direct from the producers in large quantity mainly in cash.
-They are trading concern having an army of agents and stocks the large quantity of goods, supply or sell goods to the directly or through their agents in small quantities.
-Wholesalers are financially good health. They purchased goods in cash from the manufacturer and sell to the retailers on credit.
-Wholesalers profit margins is very small so that they can maximizes their sales volume to earn maximum profit.
-They deals in limited product line or products.
-They maintain warehouse and godown at different places in the country to facilitate the trade at minimum transportation charges.
They sometimes make the grading of goods under their own name or brand name.
Joan's decision would be described as a "heuristic decision"
Answer:
gross domestic product (GDP), gross national product (GNP), and gross national income
Explanation:
<span>U.S. Bureau of Labor Statistics</span>
Answer: organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.
Explanation:
Intermediaries are the middlemen in the distribution chain that purchases from one party and then sells to another party.
They're the organizations that are in the middle of a series of organizations that distribute goods from producers to consumers. Intermediaries can also hold stock and carry out marketing and logistics functions for the manufacturers.
