Mike Morgan,a sales representative for a major distributor of Kodak film,wanted to encourage repeat purchases by his customers.In order to accomplish this objective,Morgan offered the following discount to his customers: 10-50 cases of film over the next 12 months - a 10 percent discount,
51-100 cases of film over the next 12 months - a 12 percent discount,
101-200 cases of film over the next 12 months - a 15 percent discount.
What type of discount was Morgan offering his customers?
A) a seasonal discount
B) a quantity discount
C) a noncumulative cheque discount
D) a trade discount
Correct Answer:
Verified
Q251: For every ten pallets of watermelon a
Q252: Manufacturers use seasonal discounts to:
A)entice dealers to
Q253: An electronics retailer,"Buy Less" has a price
Q254: Trade (functional)discounts are calculated on two criteria.What
Q255: The practice of replacing promotional allowances with
Q257: The cash payment or extra amount of
Q258: A home improvement retailer advertises that it
Q259: When purchasing which one of the following
Q260: Which of the following statements about geographical
Q261: Which of the following statements about the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents