Wholesalers are defined as entities that do what?

Wholesalers are defined as entities that obtain goods from manufacturers and resell them to various users. This role is essential in the supply chain as wholesalers act as intermediaries between manufacturers and retailers or other businesses. By purchasing products in bulk from manufacturers, wholesalers can take advantage of economies of scale, allowing them to offer products at lower prices to their customers, which can include retailers or other businesses that will further distribute the goods.

This process benefits manufacturers as well, as it allows them to focus on production while wholesalers handle the distribution and logistics of getting their products to market. Wholesalers may also provide additional services such as warehousing, inventory management, and transportation, which can enhance efficiency within the supply chain.

The other options do not accurately reflect the primary function of wholesalers: selling directly to consumers pertains to retailers, buying from consumers for resale is not a standard practice in the wholesale model, and managing financial accounts is typically a function associated with accounting rather than wholesaling.