The value chain for a merchandising entity includes:
i. design.
ii. purchasing.
iii. marketing.
iv. distribution.

A) i and ii
B) ii, iii and iv
C) ii and iv
D) i, ii and iii

Merchandising Entity

A type of business that purchases finished goods for resale, earning a profit by selling these goods at a higher price.

Value Chain

A series of activities that companies perform to deliver a valuable product or service to their customers.