For example, a furniture company may be a manufacturing, wholesale, or retail company. Mark the one appropriate box. Manufacturing is the making or processing of products. Wholesale trade is the buying of goods from the manufacturer and selling the goods to large users such as hospitals, hotel chains, or another manufacturer that will use the product. A wholesale trade company may also sell products to a retail trade company for resale.
Retail trade is the selling of products to consumers.
A retailer may buy products from a manufacturing or a wholesale company. Other includes other kinds of industries such as farms, construction firms, government, and services. Examples of service industries are hotels, repair shops, laundries, advertising agencies, hospitals, and law offices.