Retailers

Name: Retailers
Brand: Quizplus
Rating: 4.7 (57 reviews)

Question

Retailers

Quizplus · Accepted Answer

Retailers typically buy products from both manufacturers and wholesalers and sell them directly to consumers. This is because they generally have direct access to consumers and can therefore benefit from economies of scale in purchasing products from both sources. Additionally, retailers often add value to products by providing services such as customer service, advertising, and product information that are not typically provided by manufacturers or wholesalers.