The statement is false the correct answer will be the organization that sells goods or services to another company is known as a supplier.
A business organization that purchases goods and services for the purpose of further manufacturing is known as Industry and the entities that purchase goods for the purpose of further resale are known as resellers.
A vendor is an entity that provides goods and services to some other agency. This entity is part of the delivery chain of a business, which may additionally offer the bulk of the value contained within its products. some providers may also even engage in drop delivery, where they ship goods directly to the customers of the consumer.
A supplier is a business or person that makes items available to any other business or service. suppliers are regularly referred to as the first link in a supply chain, existing strictly in a Business to the Business relationship.
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