One of the Most Fundamental Activities of Retailers Is to Provide

question 135

Multiple Choice

One of the most fundamental activities of retailers is to provide ________, satisfying the needs of their target market.

• A)wholesaling opportunities
• B)persuasive advertising
• C)the right mix of merchandise and services
• D)corrective price controls
• E)category killing profitability

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Definitions:

Days' Sales in Inventory

A financial metric measuring the average number of days a company takes to turn its inventory into sales.

Financial Information

Data regarding the financial performance and condition of an entity, including income statements, balance sheets, and cash flows.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a certain period of time; it measures the efficiency of inventory management.

Financial Information

Data relating to the financial status or operations of a business, including balance sheets, income statements, and cash flow statements.