Sunday, 25 September 2016

Functions of whole sale trade

Functions
1. Buys in bulk from different producers.
2. Looking for a good source of supply.
3. Bears the risk, if products are damaged, spoilt or stolen.
4. Warehousing.
5. Transportation from the producer to warehouse and from warehouse to the retailer.
6. Bulk breaking.
7. Purchasing in cash from producer.
8. Selling on credit to the customer.
9. Providing technical help to small scale retailers.
10. Maintaining stability in price.

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