________ includes all activities involved in selling goods and services to those buying for resale or business use.

Question

Quizplus · Accepted Answer

Wholesaling refers to the process of selling goods and services to those buying for resale or business use. This includes activities such as purchasing in bulk, breaking down shipments, and selling to retailers or other businesses. Sole sourcing refers to a procurement strategy where a company chooses to work with only one supplier for a particular product or service. Franchising involves granting an individual or group the right to operate a business using the franchisor's systems, products, branding, and support. Crowdsourcing involves obtaining ideas, services, or content from a large group of people, often via the internet. Differentiating refers to the process of making a product or brand stand out from others in the market through unique features or marketing strategies, but it is not directly related to selling to businesses for resale or use.

________ Includes All Activities Involved in Selling Goods and Services