The relative distribution of sales among the various products sold by a business is the a. sales mix b. product portfolio c. contribution margin mix d. business's basket of goods

Question

Rogelio Coffey

Business

5 October, 08:10

The relative distribution of sales among the various products sold by a business is the a. sales mix b. product portfolio c. contribution margin mix d. business's basket of goods

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Answers (1)

Know the Answer?

Armani Petersen · Answer 1

The correct answer is letter "A": sales mix.

Explanation:

The sales mix is a measurement that shows the proportion of the sales of one product compared to the total sales of all the products within the product mix. This measurement provides valuable information to managers since all goods or services do not have the same return then adjustments must be made with those underperforming aiming to maximize profits.