Which of the following generally has high inventory turnover and thus low per-unit gross margins?
A)Business products
B)Convenience products
C)Shopping products
D)Specialty products
E)Durable products

Question

Quizplus · Accepted Answer

Convenience products are typically low-cost items that are sold quickly and in high volumes, leading to high inventory turnover. Due to their low price point, they often have low per-unit gross margins.

Which of the Following Generally Has High Inventory Turnover and Thus