An Indicator of How Effectively Retail Space Is Used to Generate

question 189

Multiple Choice

An indicator of how effectively retail space is used to generate revenue is called _________.

• A)return in investment
• B)percentage of markup
• C)gross profit
• D)sales per square foot
• E)same store sales growth

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Definitions:

Jobber

A wholesaler who buys goods from manufacturers and sells them to retailers; also known as a wholesale merchant or distributor.

Trade Discounts

Price reductions granted by suppliers to buyers in the trade channel, often based on volume purchased or to promote certain behaviors.

Channel

A medium through which a product or service is distributed to its end-users, such as a retail store or online platform.

Resellers

Entities or individuals that purchase goods or services to sell them again rather than consuming or using them.