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The Birmingham Wholesale Markets. Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services.
The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases [ edit ]
Jobber, in merchandising, can be synonymous with "wholesaler", "distributor", or "intermediary".A business which buys goods and bulk products from importers, other wholesalers, or manufacturers, and then sells to retailers, was historically called a jobbing house (or jobbing center).
Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale distribution and transfer (exchange through buying and selling) of goods and services at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local ...
Business term stubs (133 P) Pages in category "Business terms" The following 200 pages are in this category, out of approximately 522 total. This list may not reflect ...
In modern times, the term merchant has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth.
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Bulk purchasing or mass buying is the purchase of much larger quantities than the usual, for a unit price that is lower than the usual.. Wholesaling is selling goods in large quantities at a low unit price to retail merchants.