Question

In: Finance

Write a story using all of the business words below. Authorization: Giving permission or authority. Commission:...

Write a story using all of the business words below.

Authorization: Giving permission or authority.

Commission: An instruction or task given to a group of people, assignment, undertaking

Facilities: A place provided for a specific purpose

Stock: Goods or merchandise kept for distribution.

Retailer: A person or business that sells goods.

Expert Solution

This is about XYZ LLC.

A company called XYZ LLC. Who are dealing in Healthcare product having below business structure

Factory Warehouse -------Wholesaler -------Retailers

Company is having a facilities of immediate delivery, door steps delivery for retailers and placement of online order by retailers also they provide facilities of Advertising, signage board for retailers etc.

Company has Administration in place who takes decision and decide about their market strategy. They have decided to outsources few agency on commission basis for help to achieve sales targer.

Basically these agencies will bring customers (Retailers) for XYZ LLC. And in return they will get commission for this service.

Company maintains the Stock in their warehouse center and provides door steps delivery facility to all retailers' basis online order.

Stocks of goods match the demand and supply curve of market which helps retailer to meet the demand of market.

Retailers display the product in their shop and they sell the product to end user (Customer) keeping their margin.

Company has fixed and loyal set of retailers having relationship with company for a longer period that's the reason company hold good market share in healthcare product in US.

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jeff jeffy answered 2 years ago

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