wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

what is the role of intermediates in whole sale market such as grain ,fruit or vegetable market.

Open in App
Solution

Intermediaries are those merchants or traders who collect goods from the producers or manufacturers and deliver it to the retailers.

They act as a link between producers and retailers.They collect goods in bulk and sell it to the retailers on profit.

The intermediaries make long term commitments with the producers and develop a channel of distribution i the market.Producers or manufacturers want a better service to be provided to the consumers. They share their responsibilities with the intermediaries who become the marketing channel moving goods to the consumers.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Tertiary Occupations
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon