When diversification involves additions of a business related to the firm in terms of technology markets or products it involves?

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2026-03-27 16:45

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Wholesaling involves buying goods in large quantities from manufacturers or distributors at lower prices and selling them in smaller quantities to retailers or directly to consumers. It acts as an intermediary, allowing retailers to access products without purchasing in bulk. Wholesalers often benefit from volume discounts and lower prices, which they pass on to retailers. This model helps streamline supply chains and distribute products efficiently.

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