Which term refers to businesses that supply products to other businesses?

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Multiple Choice

Which term refers to businesses that supply products to other businesses?

Explanation:
The main idea here is the role of intermediaries in getting products from producers to other businesses. Businesses that specialize in supplying products to other companies are called wholesalers. They buy in bulk from manufacturers and resell in large quantities to retailers or other businesses, helping with distribution, volume pricing, and inventory management. Manufacturers create the goods, while retailers typically sell to end consumers. Vendors is a broad term for sellers in general, but it doesn’t pinpoint the specific B2B distribution role that wholesalers perform. So, wholesalers are the term that best describes businesses that supply products to other businesses.

The main idea here is the role of intermediaries in getting products from producers to other businesses. Businesses that specialize in supplying products to other companies are called wholesalers. They buy in bulk from manufacturers and resell in large quantities to retailers or other businesses, helping with distribution, volume pricing, and inventory management. Manufacturers create the goods, while retailers typically sell to end consumers. Vendors is a broad term for sellers in general, but it doesn’t pinpoint the specific B2B distribution role that wholesalers perform. So, wholesalers are the term that best describes businesses that supply products to other businesses.

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