Wholesale Characteristics Flashcards

1
Q

Wholesale businesses sell goods in ______ quantities at _____ prices.

A

Large, low

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2
Q

Typically profits in wholesale are ______ and sales _____

A

Low, high

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3
Q

Wholesalers sell goods to customers like _____, industries and others in, _____quantity at a _____ price

A

Retailers, bulk, low

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4
Q

Who are the customers of wholesalers generally?

A

Retailers and other business parties.

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5
Q

What does not matter much in wholesaling

A

Display of products and business location.

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6
Q

In wholesaling business more emphasis is given on the _____ of goods rather than the _____ of goods

A

Quantity, quality

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7
Q

For starting a wholesale business there is a huge _____ requirement as the business volume is large

A

Capital

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8
Q

Wholesaling business does not need _____ and _____ is not needed

A

Advertising, promotion

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9
Q

The customers of wholesale businesses are

A

Spread in various places

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10
Q

Most of the goods in wholesale are sold on

A

Credit

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11
Q

Wholesaling creates a link between _____ and _____

A

Manufacturer, retailer

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12
Q

Wholesale price is always lower than

A

Retail price

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13
Q

In wholesale, selling skills are not much of

A

Importance

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14
Q

Wholesale business is much bigger than _______

A

Retail business

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15
Q

Look is unimportant in

A

Wholesale

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