Question
A retail business buys from and sells to ____ Select one: a. wholesalers, manufacturers b. wholesalers, consumers c. manufacturers, consumers d. distributors, wholesalers
Ask by Montgomery Owen. in the United States
Feb 03,2025
Real Tutor Solution
Tutor-Verified Answer
Answer
The correct answer is **b. wholesalers, consumers**.
Solution
The correct answer is:
**b. wholesalers, consumers**
**Explanation:**
In the typical supply chain:
- **Retail businesses** purchase goods from **wholesalers**.
- They then sell these goods directly to **consumers**.
This flow ensures that products move from large-scale distributors (wholesalers) to the end-users (consumers) through the retail intermediary.
**Correct Answer:**
**b. wholesalers, consumers**
Reviewed and approved by the UpStudy tutoring team
Like
error msg
Explain 
Simplify this solution Extra Insights
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.
