A company which is in the business of reselling tangible products purchased from supplier to businesses which resell the product is what type of company?
A) Manufacturing
B) Service company
C) Retailer
D) Wholesaler

Question

Quizplus · Accepted Answer

A company that purchases items in bulk from manufacturers or suppliers and then sells them to retailers or other businesses is called a wholesale company or a wholesaler. Therefore, option D is the correct choice. Option A is incorrect because a manufacturer creates finished goods from raw materials. Option B is incorrect because a service company provides intangible services to their customers. Option C is incorrect because a retailer sells goods directly to consumers at marked-up prices.

A Company Which Is in the Business of Reselling Tangible