Which of the following represents an advantage of the consignment approach?
A) Full-time sales with only a part-time involvement from a person
B) High potential for competing offers
C) Less amount of time before payout
D) Complete lack of inventory

Question

Quizplus · Accepted Answer

Consignment allows a person to have their goods sold by another party (consignee) while retaining ownership until the goods are sold, effectively enabling sales efforts without requiring the consignor's full-time involvement. This is advantageous for those who wish to sell products without dedicating all their time to the sales process.

Which of the Following Represents an Advantage of the Consignment