Question 402022EconomicsWAEC
The middleman is responsible for
A
providing research facilities
B
purchasing raw materials
C
designing the product
D
breaking the bulk
Step-by-Step Explanation
The middleman plays a crucial role in the distribution process by breaking bulk, which involves purchasing large quantities of goods from producers and selling them in smaller, more manageable amounts to retailers or consumers. This function helps to bridge the gap between producers and the market, facilitating smoother transactions and inventory management. By breaking bulk, the middleman enhances efficiency in the supply chain and meets the varying demands of consumers.