Business High School

What is the difference between a retail market and a wholesale market?
A.
Retail markets are in urban areas, whereas wholesale markets are in rural areas.
B.
Retail markets are at transport hubs, whereas wholesale markets are at central places in villages.
C.
Retail markets sell only organically grown produce, whereas wholesale markets sell all types of produce.
D.
Retail markets sell directly to consumers, whereas wholesale markets sell primarily to traders and retailers.

Answers

Answer 1

Answer:

D. Retail markets sell directly to consumers, whereas wholesale markets sell primarily to traders and retailers.

Explanation:

Retailers are the last traders in the distribution chain.  They buy goods in bulk from wholesalers,  break the bulk and sell the goods in small quantities to consumers. Retailers are found in all areas, including towns, estates, and rural areas. Large-scale retailers such as supermarkets buy directly from manufactures and sell to retailers.

Wholesalers are intermediaries in the distribution chains. Their primary customers are retailers. Wholesalers buy from manufacturers in bulk, break the bulk and sell to retailers. Some wholesalers have created channels for selling to consumers.  

Answer 2

Answer:

D

Explanation:

Related Questions

Which component of a balance sheet includes a business’s debts, or the money that it owes to creditors for past transactions?

Answers

Answer:

liabilities.

Explanation:

A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.

The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.

Can poor ethics lead to criminal behavior?

Answers

Answer:

Yes, because they lead people to make poor decisions.

Explanation:

Answer:

Yes, ethics are actually the very foundation of the criminal justice system. They're what helped us, as a society, develop the moral reasoning we use, define criminal activity, and deem acceptable as punishment. This in result if there is poor ethics it can lead to criminal behavior.

-I hope this helps have a great day!

What are references like for a job thing. Idk how else to say it

Answers

Answer:References can help you find the right job by giveing you a point of reference to compare jobs.

Explanation:

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