A(n) __________ is an intermediary that sells to other intermediaries.

Question

Quizplus · Accepted Answer

A wholesaler is a type of intermediary that purchases products from manufacturers and sells them to retailers or other intermediaries like distributors or brokers. Wholesalers buy in bulk and usually offer lower prices to their customers, making them important players in the supply chain. Agents and brokers typically do not take physical possession of the products they sell, while retailers sell directly to consumers. Manufacturers produce goods but do not necessarily sell directly to intermediaries or end customers.

A(n) __________ Is an Intermediary That Sells to Other Intermediaries