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Explain why large companies pay less for goods from wholesalers?
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Which best explains why large companies pay less for goods from wholesalers?
Large companies can buy all or most of a wholesaler's stock.
Why do large companies pay less for goods from wholesalers?
They can negotiate with wholesalers in order to buy in bulk. Basically, they say "we'll buy tons and tons of this item if you give us a discount." Smaller companies can't afford to make the same negotiation.
What are large groups of people and their goods called?
what is a large group of people and thier goods
What is the making of goods in large numbers is called what production?
in large qualitities
Which of the following best explain why the media industry is characterized by an oligopolistic market structure?
centralization of ownership has led to an industry controlled by a few large companies. apex :)
Who are wholesalers?
General wholesalers are people or companies who sell goods in large quantities. This is usually for the right for resale by the retailer.Ê
Who are general wholesalers?
General wholesalers are people or companies who sell goods in large quantities. This is usually for the right for resale by the retailer.Ê
Which best explains why large companies pay less for goods from wholesalers?
Large companies can buy all or most of a wholesaler's stock.
Why do large companies pay less for goods from wholesalers?
They can negotiate with wholesalers in order to buy in bulk. Basically, they say "we'll buy tons and tons of this item if you give us a discount." Smaller companies can't afford to make the same negotiation.
What are clothes wholesalers?
Companies that sell clothes not by items but by large quantities,
What best explains why a large company can undersell small retailers?
Large companies can negotiate better prices with wholesalers.
Why can wholesalers offer low prices to large customers?
Large companies can buy all or most of a wholesaler's stock, reducing the wholesaler's administrative costs.
What is the definition of wholesale marketing?
A person or firm that buys large quantities of goods from various producers or vendors, warehouses them, and resales to retailers. Wholesalers who carry only non-competing goods or lines are called distributors.
Services rendered by wholesalers?
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. This enables the producers to undertake production on a large scale and take advantage of the economies of scale. (ii) Bearing risk: The wholesale merchants deal in goods in their own name, take delivery of the goods and keep the goods purchased in large lots in their warehouses. In the process they bear lots of risks such as the risk of fall in prices, theft, pilferage, spoilage, fire, etc. To that extent, they relieve the manufacturers from bearing these risks. (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. To that extent, the manufacturers need not block their capital in the stocks. Sometimes they also advance money to the producers for bulk orders placed by them. (iv) Expert advice: As the wholesalers are in direct contact with the retailers, they are in a position to advice the manufacturers about various aspects including customer's tastes and preferences, market conditions, competitive activities and the features preferred by the buyers. They serve as an important source of market information on these and related aspects. (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. This relieves the manufacturers of many of the marketing activities and enable them to concentrate on the production activity. (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. This reduces the burden of manufacturers of providing for storage facilities for the finished products.
What is wholesale in tourism?
Wholesale is a term used in tourism. It means a person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers. Wholesalers who carry only non-competing goods or lines are called distributors.
What were the positive effects of what a tycoon did in the industrial revolution?
They monopolized smaller companies and brought larger companies to they top and produced large amounts of goods.
Where can you buy steel trusses?
Although large box stores such as Home Depot and Lowe will have supplies of steel trusses, for large structures or specialty needs there are wholesalers and retailers that specialize in such. The latter generally fall under the category of building supply companies.
