Final answer:
A wholesaler buys large quantities of products directly from the manufacturer, breaks them into smaller units, and sells them directly to the retailers.
Step-by-step explanation:
The statement is True.
A wholesaler is a type of business that buys products in bulk directly from the manufacturer and then breaks them into smaller units for sale to retailers. The wholesaler acts as an intermediary between the manufacturer and the retailer, providing a convenient distribution channel for both parties.
This model benefits the retailer by allowing them to purchase goods in smaller quantities and at a lower cost than if they were to buy directly from the manufacturer. It also benefits the manufacturer by allowing them to focus on large-scale production and leaving distribution to the wholesaler.