What is a wholesaler?
A wholesaler is an organsiation that buys large quantities of products from the original manufactuerer, they then sell these to other retailers at a lower price due bulk buying. They act as a link between two businesses, an example of this is Makro.
AP
Related Business Studies GCSE answers
All answers ▸Discuss the benefits of company (x) becoming a Ltd (private limited company)
Explain the importance of a Unique Selling Point (USP) to a business
Construct a break-even graph and evaluate its usefulness as a finance tool.
Raya wants to start a card business, however she does not have enough capital. Identify a way in which she can raise capital. What are the Advantages and Disadvantages of this method?