Division F: Wholesale Trade, includes all units mainly engaged in wholesale trade. The term `wholesale trade' is used here in the broad sense to include the resale (as agents or principals) of new or used goods to businesses or to institutional (including Government) users.
Businesses mainly engaged in wholesale trade are wholesale merchants who take title to the goods they sell; separate sales branches (not being retail stores) operated by manufacturing enterprises; commission agents, import and export agents and purchasing agents; petroleum products distributors; and cooperatives and marketing boards engaged in marketing farm products.
Units mainly engaged in reselling their own goods by auction are included in this Division, but units which are mainly engaged in providing auctioning services for others are included in Division L Property and Business Services.
In the case of units which have goods manufactured for them on commission or contract a variety of situations are encountered with different treatments applicable to each. However, in general, if a unit has no goods producing facilities itself then all its sales of goods produced for it on commission are treated for classification purposes as wholesale or retail sales, as appropriate.
Subdivisions and Groups