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Wholesaling
WHOLESALING

Definition: The business of buying and selling goods in large quantities, especially so they can be sold again to make a profit.
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* All nine elements should be in.


1. Purposeful and necessary.

2. Business is registered and recognized.

3. Quantities purchased for resale are adequate.

4. Turnover is considered appropriate or beneficial.

5. Sale or resale price is guaranteed to be profitable.

6. Facilities required to ensure quick transportation, efficient preservation, warehousing, etc. are adequate and in good order. And the application or use of these do not cause a damage or destruction to the environment (to emphasize).

7. Services rendered by person, staff and/or employees, to buyers, customers, etc., are efficient and effective.

8. Person or company (= business) fulfils all legal obligations and performs corporate social responsibility. Or person gives something back to society.

9. Business achieves objective(s).
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