Question

Both manufacturers and customers have a troubling tendency to underestimate the three great challenges of wholesaling:

a) Inventory Management, Pricing, and Distribution
b) Market Analysis, Customer Relations, and Product Quality
c) Transportation Costs, Supplier Relations, and Order Fulfillment
d) Demand Forecasting, Competitive Landscape, and Supply Chain Efficiency

Answer 1

Wholesaling involves challenges such as transportation costs, supplier relations, and order fulfillment. Hence, the correct answer is option (c).

Step-by-step explanation:

Wholesaling refers to the distribution and sale of goods or merchandise to retailers, industrial, commercial, institutional, or other professional business users. The wholesaler acts as an intermediary between manufacturers or producers and the end-users, serving as a link in the supply chain.

Both manufacturers and customers tend to underestimate the three great challenges of wholesaling: c) Transportation Costs, Supplier Relations, and Order Fulfillment.

Transportation costs are a key consideration in wholesale operations as products need to be transported from manufacturers to retailers or customers. Supplier relations are important as wholesalers need to ensure they have reliable and efficient suppliers. Finally, order fulfillment encompasses the process of receiving, processing, and delivering customer orders, which requires careful management to ensure smooth and timely operations.