The most appropriate financial performance standard of a department store retail buyer is _____.
A)customer satisfaction
B)total unit sales
C)total dollar gross profit in department
D)total dollar sales

Question

Quizplus · Accepted Answer

The most appropriate financial performance standard for a department store retail buyer is the total dollar gross profit in the department. This metric takes into account both sales revenue and the cost of goods sold, providing a more accurate measure of profitability than either total unit sales or total dollar sales alone. Customer satisfaction is important, but it is not a financial performance standard.

The Most Appropriate Financial Performance Standard of a Department Store