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The primary source of revenue for a merchandising company results from performing services for customers.True or False?

User Busti
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Final answer:

The primary revenue for merchandising companies comes from sales of goods, not services, hence the statement is false. Proprietors in proprietary colonies had responsibilities beyond just profit collection, making the related statement false. The market revolution significantly changed US society and economy, which makes the corresponding statement true.

Step-by-step explanation:

The statement that the primary source of revenue for a merchandising company comes from performing services for customers is false. Instead, a merchandising company earns its main revenue through the sale of goods. These companies buy products at wholesale prices and sell them at retail prices. The difference between the cost to purchase inventory and the revenue from selling the merchandise is how they generate profit.

The subject matter in question number two is related to proprietary colonies, where the statement that Proprietors have no responsibilities except to collect profits is false. Proprietors in a proprietary colony had various responsibilities such as governing and developing the colony.

When discussing the market revolution, it's important to note that exercise 11.3.1's statement is true. The market revolution did indeed bring numerous social and economic changes to the United States, including the expansion of the marketplace, increased production efficiencies, and the shift in labor from home-based to factory-based.

User Entheh
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