Which of the following is true with regard to the consignment approach of selling?
A) They permit full-time sales only with full-time involvement from a person.
B) They are high-risk level undertakings.
C) They have low profitability because of agent's fees.
D) They have no flexibility despite variety of consignment agents and agencies available.

Question

Quizplus · Accepted Answer

Consignment approaches often involve paying a percentage of the sale as an agent's fee, which can lower profitability. However, consignment approaches can also offer benefits such as reduced inventory costs and access to new markets. The other options are not necessarily true of the consignment approach.

Which of the Following Is True with Regard to the Consignment