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Q: Who of the following statements is TRUE with regard to retail buying?
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What is retail selling and retail buying?

This is the buying of merchandise (wholesale) and resell (Retail).


How does the law of demand apply to buying goods at a retail store and at a wholesale store?

Discuss the law of demand and apply to buying goods at a retail store and at a wholesale store.


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Compare similarities and differences consumer buying and organizational customer buying?

The similarities between consumer buying and organizational customer buying is that both have the need to purchase. The difference lie in the quantity of purchases. Consumer buying entails retail, while organizational customer buying entails wholesale.


Can a company resell items bought at a retail store?

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What are the advantages and disadvantages of using a wholesaler?

There are many advantages to buying from a wholesaler instead of buying from a retail outlet, but the most notable reasons are that you can usually buy items at or lower than the suggested retail price, or buy multiple units of items at a significantly cheaper prices.