Merchandising firms buy and sell finished goods whereas manufacturing firms make their products and then sell them to retailers.

Question

Quizplus · Accepted Answer

Merchandising firms primarily purchase finished goods for resale, typically to end consumers or other retailers, without altering the product. Manufacturing firms, on the other hand, produce goods from raw materials or components and then sell their finished products, often to retailers or wholesalers, but sometimes directly to consumers.

Merchandising Firms Buy and Sell Finished Goods Whereas Manufacturing Firms