Discounts intended to reflect services performed by a purchaser for the supplier are called:
A) Channel discounts
B) Functional discounts
C) Distributor discounts
D) Supplier discounts
E) Competitive discounts

Question

Quizplus · Accepted Answer

Functional discounts are intended to reflect services performed by a purchaser for the supplier, such as advertising, marketing, or storing products. Channel discounts, distributor discounts, and supplier discounts are not specifically tied to the services performed by a purchaser, while competitive discounts are not related to any services rendered at all.

Discounts Intended to Reflect Services Performed by a Purchaser for the Supplier