Advising the manufacturers about various aspects including customers' tastes and preferences, market conditions, competitive activities and the features preferred by the buyers is one of the services given by the wholesaler. Identify the service.

Help in the marketing function

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Financial assistance

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Facilitating large scale production

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Expert advice

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Solution

The correct option is C Expert advice
The advice given by someone who has studied a subject thoroughly or who is very skilled at a particular job. You should seek expert advice before going into business. If you are travelling to a malarial area, get expert advice before you set off.

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Help in distribution of goods,personal selling and enabling large scale operations are services provided to wholesalers and manufacturers by ___

Explain 'large number of buyers and sellers' as a feature of perfectly competitive markets.

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