Commerce - 4CM1 PearsonEdexcel

Wholesale

Gbogbo ọrọ náà

Every time you pick up a product in a shop, there is a good chance it passed through a wholesaler on the way from the factory floor to the shelf. Wholesalers sit at the heart of the distribution chain, buying goods in large quantities from manufacturers and selling them in smaller amounts to retailers, smoothing out the flow of commerce so that producers can focus on making things and shops can focus on selling them.

In this lesson you will explore why wholesalers exist, the services they provide to both manufacturers and retailers, the different types of wholesaler you may encounter, and how changes in technology and consumer behaviour are reshaping the wholesale trade. These concepts appear regularly on both Paper 1 and Paper 2 of the Edexcel Commerce examination.

Ebumnobi

Understand wholesalers' role in the chain of distribution
Understand functions of wholesalers: breaking bulk, risk bearing, advice to retailers, offering trade credit, freeing storage space, preparing goods for resale, delivering to retailers
Understand types of wholesaler: general, cash-and-carry, voluntary chains
Understand changes in wholesaling and their impact on manufacturers, retailers and consumers

Akọmọ Ojú-ẹkọ

A biscuit factory produces millions of packets every week, but the corner shop down your road only needs a few dozen at a time. Without someone in the middle to bridge that gap, either the factory would have to deal with thousands of tiny orders or the shop would have to buy an entire lorry-load and find somewhere to store it. Wholesalers solve exactly this problem, and in doing so they keep prices down, shelves stocked, and supply chains running smoothly.

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese

Onye inyeaka mmụta AI

Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla

Budata ngwa ekwentị Budata ngwa kọmputa

Ọ dị na Android, Windows, macOS, na Linux

Ayẹwo Ẹkọ

Ekele diri gi maka imecha ihe karịrị na Wholesale. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.

Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.

Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.

Which of the following is a function of a wholesaler? A) Manufacturing goods B) Breaking bulk C) Setting government regulations D) Collecting taxes Answer: B
A cash-and-carry wholesaler differs from a general wholesaler because the cash-and-carry: A) Offers trade credit to retailers B) Delivers goods to retailers' premises C) Requires retailers to pay immediately and collect goods themselves D) Only sells to consumers Answer: C
Which of the following best describes 'risk bearing' by a wholesaler? A) The wholesaler insures goods during transport B) The wholesaler accepts the financial risk of owning stock that may not sell C) The wholesaler guarantees a minimum price to the retailer D) The wholesaler sets the retail price Answer: B
What is a voluntary chain? A) A government-owned distribution network B) A group of independent retailers organised by a wholesaler under a common brand C) A chain of cash-and-carry warehouses D) A manufacturer's own retail outlets Answer: B
Which trend has most reduced the role of traditional wholesalers? A) Growth of small independent retailers B) Decline of e-commerce C) Large retailers buying directly from manufacturers D) Increase in trade credit periods Answer: C