The relative distribution of sales among the various products sold by a business is termed as:
A) business's basket of goods.
B) contribution margin mix.
C) sales mix.
D) product portfolio.

Question

Quizplus · Accepted Answer

The relative distribution of sales among various products sold by a business is called sales mix. Therefore, option C is the correct answer. Option A is incorrect as a business's basket of goods refers to the collection of products sold by it. Option B is incorrect as contribution margin mix refers to the relative proportion of high and low contribution margin products sold. Option D is incorrect as the product portfolio refers to the range of products a business offers.

The Relative Distribution of Sales Among the Various Products Sold