A retail business buys from and sells to ____ Select one: a. wholesalers, manufacturers b. wholesalers, consumers c. manufacturers, consumers d. distributors, wholesalers
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Retail businesses mainly purchase inventory from manufacturers or wholesalers and sell directly to consumers. So, the best choice from the options provided would be **c. manufacturers, consumers**. Retailers rely on manufacturers to supply products, and their primary goal is selling these goods to individual customers or end-users. In addition, retail businesses often need to understand consumer behavior and trends to effectively target their market. By analyzing buying patterns, customer preferences, and seasonal shifts, retailers can optimize their stock levels, promotional strategies, and overall customer experience, leading to improved sales and customer loyalty.