9. Difference between wholesaler
and retailer
• Wholesalers pay less attention to promotion, atmosphere
and location
• Wholesale transactions are usually larger than retail
transactions
• Government deals with wholesalers and retailers differently
in terms of legal regulation and taxes.
11. Market Logistics
Market logistics includes planning the
infrastructure to meet demand, then
implementing and controlling the physical flow
of materials and final goods from point of origin
to points of use, to meet customer requirement
at a profit