Keira owns and operates a home business. Once a month she heads to OfficePRO to buy office supplies for her business. The prices at the OfficePRO are very low, but it does not offer credit or delivery services. OfficePRO is a cash-and-carry wholesaler.

Question

Quizplus · Accepted Answer

A cash-and-carry wholesaler mainly serves businesses that are too small to have wholesalers service them. This type of wholesaler usually does not extend credit or offer delivery (hence the name "cash-and-carry"). Today, some stores that serve the same functions as cash-and-carry wholesalers do accept credit. The text cites Office Depot and Staples as examples of such firms that accept credit cards. The term cash-and-carry may become obsolete.

Keira Owns and Operates a Home Business