Author Question: Which of the following organizations aids small businesses with selling overseas? A) The U.S. ... (Read 62 times)

cmoore54 · **on:** Jul 14, 2018

Which of the following organizations aids small businesses with selling overseas?
A) The U.S. Commercial Service
B) The World Bank
C) The International Monetary Fund
D) Multinational Development Bank
E) The Small Business Institute

Question 2

Describe and compare the roles of retailers and wholesalers in a distribution channel.

Ptupou85 · **Reply #1 on:** Jul 14, 2018

Answer to Question 1

A

Answer to Question 2

Many producers sell their goods through multiple channels of distribution. Some channels have many members, while others have only a few. The main distinction among channel members is whether they are retailers or wholesalers. Retailers are the distributors that most of us know and use on a daily basis. They sell products directly to final consumers. Examples include 7-Eleven markets, Starbucks, and Urban Outfitters. Wholesalers, on the other hand, buy products from the producer and sell them to businesses (or other nonfinal users such as hospitals, nonprofits, and the government). The businesses that buy from wholesalers can be retailers, other wholesalers, or business users. To complicate this fairly simple concept, some distributors act as both wholesalers and retailers. Sam's Club, for example, sells directly to businesses and to consumers.