Audrey Works as a Manufacturers' Representative for an Athletic Shoe

question 36

Multiple Choice

Audrey works as a manufacturers' representative for an athletic shoe company.In her position,Audrey is most likely responsible for ________.

• A) generating marketing intelligence about the footwear industry
• B) taking physical possession of large quantities of shoes
• C) analyzing international markets for new shoe trends
• D) negotiating terms of trade with shoe retailers
• E) scheduling shoe deliveries and returns

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

Net Income

The amount of money left over after all expenses and taxes have been subtracted from total revenue.

Units

Units refer to the individual components or quantities of a product, investment, or other items that are counted or measured.