The ratio (proportion)of the sales volumes for the various products sold by a company is called the:
A)Current product mix.
B)Relevant mix.
C)Sales mix.
D)Inventory cost ratio.
E)Production ratio.

Question

Quizplus · Accepted Answer

The ratio (proportion) of sales volumes for different products sold by a company is called the sales mix. This is important information for businesses to have in order to understand which products are more profitable or popular among consumers. The other options are not accurate descriptions of this concept.

The Ratio (Proportion)of the Sales Volumes for the Various Products