sales people that work for a furniture manufacturer sell their products to wholesalers and individual customers this is an example of g

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13-12-2022
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sales people that work for a furniture manufacturer sell their products to wholesalers and individual customers this is an example of g

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ANJALIMARDI ANJALIMARDI · Answer 1 · 2022-12-23T14:44:16+01:00

Retailing is the activity that the business, whether it be a manufacturer, distributor, or retailer, engages in. There are numerous forms of retailing.

What is consignment ?

Consignment is an arrangement in which goods are left in the possession of an authorized third party to sell.

Goods sold in this way are said to be "consigned" to a third party for sale. Items sold on consignment are typically sold by consignment shops, which receive a percentage of the revenue from the sale (sometimes a very large percentage) in the form of commission.

Consignment deals are made on a variety of products, such as artwork, clothing and accessories, and books. Some types of retail sales may be viewed as a special form of consignment where producers rely on retail stores .

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