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Wholesaling is considered a(n) Blank______ business model.Multiple choice question.unsuitabletraditionalrevolutionarygroundbreaking

Question

Wholesaling is considered a(n) ______ business model.

Multiple choice question.

  • unsuitable
  • traditional
  • revolutionary
  • groundbreaking
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Solution

Wholesaling is considered a traditional business model.

Explanation:

Wholesaling involves purchasing large quantities of goods directly from manufacturers or suppliers and then selling them in smaller quantities to retailers or other businesses. This model has been a fundamental part of commerce for many years and predates modern retailing. It allows businesses to manage inventory effectively and provides a way for manufacturers to distribute their products efficiently without handling individual retail transactions. The traditional wholesaling approach remains relevant in today’s supply chain dynamics, although it has evolved with technology and globalization. Thus, among the options provided—unsuitable, traditional, revolutionary, and groundbreaking—the term "traditional" best describes the wholesaling business model.

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