What is the term for an institution that buys goods from manufacturers,takes title to these goods,and resells them to businesses,government agencies,and/or other wholesalers or retailers?

Question

Quizplus · Accepted Answer

A merchant wholesaler is an institution that purchases goods from manufacturers or other suppliers, takes the title to the goods, and resells them to businesses, government agencies, and/or other wholesalers or retailers. They typically maintain a large inventory of goods and offer them to customers at a discounted price in order to make a profit. Drop shippers, channel cooperatives, and marketing cooperatives all involve different aspects of distribution and supply chain management, but do not involve the purchasing and reselling of goods in the same way that merchant wholesalers do.

What Is the Term for an Institution That Buys Goods