Explain the services offered by wholesalers to manufacturers.

Asked by Last Modified  

1 Answer

Learn Business Studies +1

Follow 1
Answer

Please enter your answer

Raj Kumar

✔✔ASQ Lean Six sigma black belt , Lead auditor ISO 9001 +14001+45001+27001+31000

The major services offered by wholesalers to the producers of goods and services are given as below: (i) Facilitating Large Scale Production Wholesalers collect small orders from number of retailers and pass on the pool of such orders to manufacturers and make purchases in bulk quantities. (ii) Bearing...
read more
The major services offered by wholesalers to the producers of goods and services are given as below: (i) Facilitating Large Scale Production Wholesalers collect small orders from number of retailers and pass on the pool of such orders to manufacturers and make purchases in bulk quantities. (ii) Bearing Risk The wholesalers deal in goods in their own name, take delivery of the goods and keep them in their warehouses bearing risks of fall in prices, theft, spoilage, fire, etc. (iii) Financial Assistance The wholesalers provide financial assistance to the manufacturers in the sense that they generally make cash payment for the goods purchased by them. (iv) Expert Advice Wholesalers can advice the manufacturers about various aspects like customer's tastes and preferences, market conditions, competitive activities and the features preferred by the buyers as they are in touch with retailers. (v) Help in the Marketing Function The wholesalers take care of the distribution of goods to a number of retailers who, in turn, sell to large number of customers spread over a large geographical area. (vi) Facilitate Continuity The wholesalers facilitate continuity of production activity throughout the year by purchasing the goods as and when these are produced. (vii) Storage Wholesalers take delivery of goods when these are produced in factory and keep them in their godowns/warehouses. read less
Comments
Dislike Bookmark

Related Questions

The relationship between a bank and a customer begins when the customer open accounts with the bank." In-context to the statement, discuss some of the accounts that can be opened by a customer in banks.
savings bank account current account fix diposite account recurring deposite account over draft account loan accounts etc.
Sandeep
Elaborate the steps involved in on-line trading.
Steps involved in online trading are:1.Registration: Before online shopping, one has to register with the online vendor by filling up a registration form. Registration means that you have an 'account'...
Jitender
0 0
6
Discuss the features of departmental store. How are they different from multiple shops or chain stores?
A departmental store is a large establishment offering a wide variety of products, classified into well-defined departments, aimed at satisfying practically every customer's need under one roof. It has...
Sahiba
0 0
5
Why is cellular phone or cellphone called a mobile phone?
Mobile means movable or moving. Anything which is moving or can be moved is called mobile. So, when we talk about cell phone, we see that it is a communication device, it has no wire, it is not fixed,...
Mohammad
0 0
5

Hello everyone, I can teach economics and business studies of 11th and 12th class
U r welcome in the world of providing teaching services to students through this fabulous app. I'm also a Tutor of Commerce having qualifications M.Com, B.Ed, UGC-NET & HTET Qualified with additional...
Sakshi Rao
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Shashi Shankar

0 0
0
Qualities of a good entrepreneur - Class 12 / Std- XII th (Commerce - Economics)
Characteristics/Traits of a successful entrepreneur - CBSE/NCERT - Business Studies IGCSE Business Studies

Rajiv Vadera

1 0
0

Shashi Shankar

0 0
0
Different types/kinds of banks in India - Class 11
Different Types of Banks- 1. Central Bank- The central bank is the apex bank in banking structure of any country. The Central Bank controls the flow of currency in the economy. It regulates the other...

Rajiv Vadera

0 0
0

Shashi Shankar

0 0
0

Recommended Articles

Top Benefits of e-Learning

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

How To Choose The Right School For Children?

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

5 Engaging Activities For Children To Get...

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Science, Arts Or Commerce - Which One To Go For?

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Find Grade 11 Tuition near you
Grade 11 Tuition in Delhi
Grade 11 Tuition in Bangalore
Grade 11 Tuition in Kolkata
Grade 11 Tuition in Hyderabad
Grade 11 Tuition in Mumbai
Grade 11 Tuition in Chennai
Grade 11 Tuition in Pune
Grade 11 Tuition in Gurgaon
Grade 11 Tuition in Noida
Grade 11 Tuition in Ghaziabad

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you