Within each retail establishment of Kmart, external vendors stock and maintain the magazine department of the stores, but do not actually take possession of the product. Which type of wholesaler best describes these vendors?

Question

Monica Jennings

Business

8 November, 07:11

Within each retail establishment of Kmart, external vendors stock and maintain the magazine department of the stores, but do not actually take possession of the product. Which type of wholesaler best describes these vendors?

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Answers (1)

Know the Answer?

Milo Huffman · Answer 1

Answer: Limited-service wholesalers

Explanation:

From the given case/scenario, we can state that Limited-service wholesalers best describe these vendors. Limited-service wholesalers are known as the individuals or wholesalers who tend to offer fewer or few number of services to their respective suppliers and customers, this is done in order to save cost on service. There are known to be several kinds of the limited-service wholesalers.