The Small Business Gains What Advantage by Selling on Consignment

question 143

Multiple Choice

The small business gains what advantage by selling on consignment?

• A)Shorter lead time when reordering than with standard contracts
• B)Better customer service
• C)Not bearing the risk of loss for the consigned goods
• D)Receiving absolute title to the goods prior to paying for them

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Definitions:

Skill Development

The process of learning and refining abilities or expertise in a particular area through training and practice.

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Professionals who provide guidance and advice on eating habits and nutrition to improve health.

Skill Development

The process of learning new skills or enhancing existing ones through practice and education.

Technical Skills

Abilities and knowledge needed to perform specific tasks, often related to computational and physical tasks or to operate machinery.