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

Commerce
JAMB 2010

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

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

Wholesaling is the business of distributing goods in bulk to other businesses that repackage them in smaller quantities for sale directly to consumers. 

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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent