Which of the Following Is a Drawback of Selling Private-Label

question 42

Multiple Choice

Which of the following is a drawback of selling private-label merchandise?

• A) Vendors that sell private labels still view national brands as their priority
• B) National brands are still produced with better quality
• C) Sales associates need additional training to sell them against national brands
• D) Gross margins are lower than margins with national brands
• E) They are limited to being sold only in department stores

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Definitions:

Canada Labour Code

A federal law in Canada that regulates employment standards, labor relations, and workplace health and safety in federally regulated sectors.

Above-Market Wages

Above-market wages refer to compensation rates higher than the average or standard for a particular job or industry.

Pay Scale

A structure that determines the compensation levels for different positions within an organization, often reflecting experience, education, and responsibility.

Employee Compensation Strategy

A plan or approach used by employers to determine the mix of wages, salaries, and benefits the employees will receive.