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Question

Select the option that can be used as a one-word substitute for the given group of words.

Someone who buys and sells goods in large amounts to shops and businesses

The correct answer is

Wholesaler

Understanding the Role of a Wholesaler

The question asks for a single word to describe someone who buys and sells goods in significant quantities, specifically to shops and other businesses. This individual or entity plays a crucial role in the supply chain, acting as an intermediary between manufacturers or producers and retailers or other commercial customers.

Let's carefully examine the phrase "buys and sells goods in large amounts to shops and businesses". The key elements are:

  • Buys and sells goods: Indicates involvement in trade.
  • In large amounts: Highlights the scale of transactions.
  • To shops and businesses: Specifies the target customers, typically for resale or use in their own operations.

Now, let's evaluate the given options to find the best fit.

Analysing the Options

We need to consider how each term aligns with the description provided in the question.

  • Wholesaler: A wholesaler is defined as a person or company that sells goods in large quantities at low prices, typically to retailers (shops) rather than to the general public. This definition perfectly matches the criteria of buying and selling goods in large amounts to shops and businesses.
  • Merchant: A merchant is a person or company involved in wholesale trade, especially one dealing with foreign countries or supplying goods to particular trade. While a merchant buys and sells goods, the term is broader and doesn't always imply selling specifically in large amounts *to shops and businesses* as its primary function. They might sell to consumers or other types of clients.
  • Supplier: A supplier is a person or organization that provides something needed such as a product or service. This is a very general term. A supplier could provide raw materials, components, finished goods, or services, and might not necessarily sell in large amounts or specifically to shops and businesses for resale.
  • Dealer: A dealer is a person or business that buys and sells goods, especially second-hand items or cars. While they engage in buying and selling, the term often implies a focus on specific types of goods (like cars or antiques) or possibly selling directly to consumers, and doesn't inherently mean selling in large quantities *to shops and businesses* for broader distribution.

Why Wholesaler is the Best Fit

Based on the analysis, the term 'Wholesaler' most accurately and specifically describes the individual or entity that buys goods in bulk from manufacturers or producers and sells them in large quantities to retailers and businesses who then sell them to the end consumers. The core function of a wholesaler is to bridge the gap between producers and smaller businesses by handling large volumes.

Consider the distinct roles in the supply chain:

Term Primary Activity Typical Customer(s) Scale
Manufacturer/Producer Creates goods Wholesalers, other businesses Large scale
Wholesaler Buys large amounts, sells large amounts Shops, businesses (Retailers, Institutions) Large scale transactions
Retailer Buys from wholesalers, sells to consumers End Consumers Smaller scale transactions

Therefore, the person who buys and sells goods in large amounts to shops and businesses is best described as a Wholesaler.

Revision Table: Key Terms Defined

Term Definition Related to Trade
Wholesaler Someone who sells goods in large quantities at low prices to retailers and other businesses.
Merchant A person or company involved in trade, especially wholesale trade.
Supplier An entity that provides a product or service.
Dealer A person or business that buys and sells goods (often specific types or second-hand).

Additional Information: The Role of Wholesalers in the Supply Chain

Wholesalers perform several important functions in the distribution process:

  • Bulk Breaking: Buying in large quantities from producers and selling in smaller (but still large) quantities to retailers.
  • Warehousing: Storing goods in warehouses, reducing storage costs for producers and retailers.
  • Transportation: Arranging transport of goods from producers to their warehouses and then to retailers.
  • Financing: Often extending credit to retailers and sometimes providing advances to producers.
  • Risk Bearing: Taking on risks associated with storage (damage, spoilage) and market fluctuations.
  • Market Information: Providing information to producers about market demand and to retailers about new products.

Understanding these roles clarifies why 'Wholesaler' is the precise term for someone fitting the description in the question.

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Important Questions from One Word Substitution

  1. Select the option that can be used as a one-word substitute for the given group of words.

    A glass container to keep fish

  2. Select the option that can be used as a one-word substitute for the given group of words.

    Something that is strong and lasts a long time without breaking or becoming weaker.

  3. Select the word which means the same as the group of words given.

    A place where plants are grown for sale

  4. In the following question, out of the four alternatives, choose the one which can be substituted for the given words/sentence.

    Open refusal to obey orders

  5. Select the word which means the same as the group of words given.

    A doctor who specializes in heart diseases

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