Asked by Matthew Valenzuela on May 10, 2024

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Merchandising firms largely refer to retail and wholesale outlets that buy goods from suppliers and resell them to customers.

Merchandising Firms

Businesses that purchase finished goods for resale, typically operating in the retail or wholesale sectors.

Retail and Wholesale

The selling of goods in small quantities (retail) to consumers and in large quantities (wholesale) to businesses or retailers.

  • Identify the distinctions among service companies, merchandising companies, and manufacturing companies regarding how they generate revenue and conduct their operations.
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JB
Jean Baptiste FamilyMay 14, 2024
Final Answer :
True
Explanation :
This statement accurately describes what merchandising firms are.