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The activity which entails buying of goods in bulk and selling in small quantities to...

Commerce
JAMB 2023

The activity which entails buying of goods in bulk and selling in small quantities to retailers is

  • A. wholesaling
  • B. retailing
  • C. merchandising
  • D. assembling
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Correct Answer: Option A
Explanation

Wholesaling is a business activity which entails buying of goods in bulk from the producer and selling in small quantities to the retailer and other merchants.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts