Sales Revenue
Sales Revenue is the amount of money that your company received for the bikes that you sold this year.
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- Glossary of Key Terms in MikesBikes Introduction
Glossary of Key Terms in MikesBikes Introduction
Dictionary definitions of key terms used in the MikesBikes Introduction to Business Simulation
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Wholesale Price
Wholesale Price is the price charged by your company to your distributors (Bike Shops). Your Retail Price is the dollar... -
Retail Price
Your Retail Price is the dollar price distributors (Bike Shops) will sell your products to customers at. The distributor receives... -
Retail Margin
Retail Margin indicates the percentage of a product’s retail price that the retailer (Bike Shops) receives as a commission for... -
Quality Rating
Your product’s Quality Rating is based on how your customers perceive your products. The more defective products that reach customers,...