Malcolm Buys Overrun Clothing from Factories Around the South

question 122

Multiple Choice

Malcolm buys overrun clothing from factories around the South.He sells the clothes to discount retailers.Malcolm is a

• A) manufacturer.
• B) producer.
• C) consumer.
• D) factory agent.
• E) reseller.

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Definitions:

Sales Mix

refers to the proportion of different products or services that a company sells, impacting overall sales and profitability.

Bins

Containers or designated spaces used for storing inventory items in a structured manner.

Operating Leverage

A financial metric that measures the degree to which a firm or project can increase operating income by increasing revenue.

Variable Costs

Expenses that fluctuate based on the amount of output or the level of activity in a business.