Warren is a purchasing agent for Kellogg's. He is currently negotiating with his suppliers to receive a _______, which is a temporary price reduction to resellers for purchasing specified quantities of a product.

Question

Quizplus · Accepted Answer

A buying allowance is a temporary price reduction offered to resellers for purchasing specified quantities of a product. This is the most appropriate option for a purchasing agent negotiating with suppliers for lower prices. Push money allowance, merchandise allowance, buy-back allowance, and discount are not the specific terms used for this type of discount.

Warren Is a Purchasing Agent for Kellogg's