Growth in the Direct-Selling Industry Is the Result of Two

question 339

Multiple Choice

Growth in the direct-selling industry is the result of two trends: direct-selling retailers are expanding into markets outside the United States,and

• A)increased gas prices and traffic congestion are causing people to want the store to deliver the products to them.
• B)the pendulum is beginning to swing back to more mothers (and fathers)staying home during the day with children,making direct selling more convenient.
• C)the cost of purchasing or leasing real estate to build an actual "brick" retail store is becoming prohibitive.
• D)graduating business students are finding it more difficult to find a traditional sales position and like the idea of being their own bosses.
• E)some consumers prefer one-on-one customer service and a social shopping experience rather than online shopping or big discount stores.

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Definitions:

Market Supply

Market Supply refers to the total amount of a specific good or service available to consumers in a market at a given price over a certain period.

Minimize Profits

The strategy or outcome where a business seeks to make the lowest possible profit, often for tax, regulatory, or strategic reasons.

Maximize Profits

The process of adjusting operations and resources to achieve the highest possible profit.

Break-even

The point at which total cost and total revenue are equal, meaning no net loss or gain is incurred by the business.