An example of a chain retailer performing a wholesaling function is _____.

Question

Quizplus · Accepted Answer

Buying directly from suppliers is a basic wholesaling function, and chain retailers may act as wholesalers to smaller retailers or independent stores by purchasing products in bulk and then selling them to these retailers. Hence, buying directly from suppliers is an example of a chain retailer performing a wholesaling function. Option A refers to gaining exclusive rights to sell certain items, which can be a part of a distribution strategy, but does not necessarily involve wholesaling. Option B is an example of private labeling, which is not a wholesaling function. Option C refers to inventory management, which is an important aspect of retail operations, but does not involve wholesaling.

An Example of a Chain Retailer Performing a Wholesaling Function