Which of the following best describes the term "wholesale" price?

A. the price of the cost of materials to make the product

B. the price retailers are charged to purchase a company's product that they then sell to the customer

C. the price of the product for end user customers

Gross Sales reflects which of the following amounts?

A. The total amount sold of one product,

B. The total amount of products sold to customers,

C. The average amount sold of all products,

D. None of the Above

In the barber and beauty field, one sign of success is when you have which of the following returning on a regular basis?

A. Products

B. Coworkers

C. Customers

Which of the following would be a primary function for a general business administrator?

A. organizing a charity event

B. firing a member of the board of directors

C. selling stocks to a private investor

D. making sure the product gets to the customer