Buyers' performance is often measured by their gross margin. Why is this figure more appropriate than net

Question:

Buyers' performance is often measured by their gross margin. Why is this figure more appropriate than net profit or loss?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Retailing Management

ISBN: 978-0070893207

4th Canadian Edition

Authors: Michael Levy, Barton Weitz, Dea Watson

See More Books

Question Posted: Dec 15, 2015 07:39 AM

See More Questions

Buyers' performance is often measured by their gross margin percentage. Why is this figure more appropriate than the operating or net profit percentage?
The efficiency of an inventory system is often measured by the turnover ratio.(TR), defined by TR = Cost of goods sold per year / Average value of on hand inventory a. Does a high turnover ratio...
Select the best answer. 1. A key determinant as to whether, under Circular A133, a program is considered major or non-major is a. The overall size of the program as measured by total revenues,...
Answer the following questions. a. Office Store has assets equal to $123,000 and liabilities equal to $47,000 at year-end. What is the total equity for Office Store at year-end? b. At the beginning...
Which of the following are Actions and which are States of Nature? a) Whether to invest in solar energy companies. b) Whether your chief competitor decides to launch a new advertising campaign. c)...
Is the number of children that a college student currently has independent of the type of college or university being attended? Suppose students were randomly selected from three types of colleges...
What is a NDI?
A Krause Industries balance sheet at December 31, 2016, is presented below. Budgeted data for the year 2017 include the following. To meet sales requirements and to have 2,500 units of finished goods...
4. Solve for n if 2(nC) = n+1C3-
1. What opportunities did Melissa identify, and how did she capitalize on those opportunities? 2. How did Melissas background help her identify and tackle the problems she discovered in the beauty...
Describe how a multiple-store retailer would set its annual performance objectives.
How does the Strategic Profit Model (SPM) assist retailers in planning and evaluating marketing and financial strategies?
What are some basic differences you might expect to see in TV ads broadcast in France, Japan, Saudi Arabia, and the United States?
The model should be general enough to be reused in different applications. Explain with the help of an example.
List three test cases to test the class members of the corruption pattern.
Justify the existence of AnyState in dignity stable analysis pattern.
Define internal requirements. List and explain the internal requirements for competition.
Explain dignity in the context of a. Dignity of country b. Dignity of person c. Dignity in sports d. Dignity in profession e. Dignity in animals
Add or subtract as indicated. (6t 4t4 t) + (3t4 4t + 5) - -
(a) Find the equation of the tangent line to f(x) = x 3 at the point where x = 2. (b) Graph the tangent line and the function on the same axes. If the tangent line is used to estimate values of the...
What rights does owning a patent protect? How do you get this protection?
What tests must an invention pass to receive a patent?
What is the difference between a copyright and a trademark? Between a trademark and brand?
https://youtu.be/-D2pIBKeHd4 1) List 4 characteristics of a good leader. Please give a specific example for each. 2) What stood out about Mr. Behar's comments and explain why. 3) Give an example of a...
1. The PREA survey focuses on three areas: financial performance, productivity and management practices. This survey seems to focus on improving operations from a management perspective. If you could...
Part 1: The Program Explain in detail: The program you identified within your specialization area(My specialization is Special Education)that is in need of evaluation. Be sure to include the purpose...

Buyers' performance is often measured by their gross margin. Why is this figure more appropriate than net

Question:

Step by Step Answer:

A buyer can impact the gross margin because heshe can to ...View the full answer

Retailing Management

Students also viewed these Management Leadership questions