Reginald is a reseller who is deciding which new products he will add to his gift and card store.Which of the following elements must he consider while making this decision?
A) Emotional needs, new task ordering, and creeping commitment
B) Annual spend, buying center dynamics, and influencers
C) Profit margin, turnover, and effort
D) JIT, automatic replenishment, and MRO
E) Gatekeepers, life-cycle costing, and lost-for-good

Question

Quizplus · Accepted Answer

As a reseller, Reginald would primarily be concerned with the profitability of the new products he plans to add to his store. The profit margin represents the difference between the cost and selling price, and he must ensure that he can generate sufficient profit to justify the investment. Turnover refers to how quickly the inventory is sold, and he needs to consider the demand for the new products and how fast they will sell. Finally, effort refers to the resources required to manage and market the new products, and he must decide if is worth the effort to add them to his store. Therefore, the factors that Reginald must consider while making his decision are profit margin, turnover, and effort.

Reginald Is a Reseller Who Is Deciding Which New Products