Asked by Albin Mathew on May 08, 2024
Verified
Resellers differ from producers in that resellers significantly alter the form of goods before selling them.
Resellers
Businesses or individuals that purchase goods with the intention of selling them to end-consumers without significant modification.
Producers
Producers are individuals or businesses that create goods or services, playing a crucial role in the economy by offering products for consumer or business use.
- Recognize the nature of reseller market and their operations within B2B context.
Verified Answer
MG
Moura GhaziriMay 09, 2024
Final Answer :
False
Explanation :
Resellers do not significantly alter the form of goods before selling them. They purchase goods from producers or wholesalers and sell them to consumers. They may package, label, or brand the goods differently, but they do not change the intrinsic characteristics of the product. This is why they are also called intermediaries or middlemen.
Learning Objectives
- Recognize the nature of reseller market and their operations within B2B context.