What is a rack jobber? What will be an ideal response?
QUESTION
What is a rack jobber?
What will be an ideal response?
ANSWER
Answer: A rack jobber is a limited-function wholesaler who furnishes products and display racks or shelves in retail stores and shares profits with retailers.
Explanation: A rack jobber is a limited-function wholesaler who furnishes products and display racks or shelves in retail stores and shares profits with retailers. A candy vendor might put shelves of candy and gum in gas stations and split the profits with the station owner, for example.
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