Asked by Jincy Robin on Jun 03, 2024
Verified
The customer receives this type of discount for buying a certain amount of a product over a stated period of time.
A) Cash discount
B) Noncumulative quantity discount
C) Trade discount
D) Cumulative quantity discount
E) Consumer discount
Cumulative Quantity Discount
A discount policy where the price reduction is based on the total volume of purchases made over time, encouraging repeated business by rewarding larger orders.
Stated Period
A specific, predefined duration of time mentioned in a document or agreement.
Certain Amount
A specific quantity or measure of something, often used in financial contexts or to specify quantities.
- Perceive the impact of different discount mechanisms, like cash, trade, and quantity concessions, on the development of sales tactics.
Verified Answer
Learning Objectives
- Perceive the impact of different discount mechanisms, like cash, trade, and quantity concessions, on the development of sales tactics.
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