To Effectively Sell Merchandise,which Typically Involves Impulse Purchases,what Is the Most

question 34

Multiple Choice

To effectively sell merchandise,which typically involves impulse purchases,what is the most critical element in the retail mix?

• A)Price
• B)Merchandise presentation
• C)Advertising
• D)Customer service
• E)Store location

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Definitions:

Cost Of Goods Sold

The total direct costs attributable to the production of the goods sold in a company.

Sales

The total amount of revenue generated by the selling of goods or services.

Merchandise

Goods to be bought and sold in any type of business.

Operating Expenses

The costs associated with running a business’s core activities on a day-to-day basis, including selling, administrative, and other expenses.