Rashid works for a firm that buys products directly from the manufacturer and resells them to retailers, who will sell the products to the end customers. Rashid works for a wholesaler.
Wholesaler is a firm who do wholesaling activity. Wholesaling is an act of buying goods in bulks from a manufacturer at lower price and selling them to retailers for a higher price. These retailers then will repackage and resell goods to the end customers.
Wholesaler is responsible to distribute the finish goods from manufacturer to retailers. Wholesaler gains profit from the margin price of the products they resell to retailers and the original purchased price. Because buying in bulk system, wholesaler gets discounted price from the manufacturer.
Wholesaler might be confused with an official distributor for a product. However both are different in the relationship to the manufacturer. Wholesaler is not a part of the manufacturer and t offer product support. Â Wholesaler is also not dedicated to one particular brand. Wholesaler offers many competing products at the same time.
Learn more about Wholesaler here: https://brainly.com/question/28256108
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