Sherwin Williams develops strong relationships with contractors and facility managers to develop loyalty and encourage them to purchase a majority of their paint and supplies from the store.Sherwin Williams provides incentives to contractors and bases prices according to the volume of paint a contractor purchases within a given quarter.Sherwin Williams includes the cumulative volume purchased on each invoice so each contractor can track their purchases and estimate the amount of rebate or refund they could earn at the end of each quarter.Sherwin Williams is utilizing a(n):
A)cumulative quantity discounts
B)trade discount
C)promotional allowance
D)cash discount

Question

Sherwin Williams develops strong relationships with contractors and facility managers to develop loyalty and encourage them to purchase a majority of their paint and supplies from the store.Sherwin Williams provides incentives to contractors and bases prices according to the volume of paint a contractor purchases within a given quarter.Sherwin Williams includes the cumulative volume purchased on each invoice so each contractor can track their purchases and estimate the amount of rebate or refund they could earn at the end of each quarter.Sherwin Williams is utilizing a(n): ​
A)​cumulative quantity discounts
B)​trade discount
C)​promotional allowance
D)​cash discount

Quizplus · Accepted Answer

Sherwin Williams is utilizing cumulative quantity discounts by offering incentives to contractors based on the volume of paint they purchase. The cumulative volume purchased is included on each invoice so contractors can track their purchases and estimate potential rebates/refunds at the end of each quarter.

Sherwin Williams Develops Strong Relationships with Contractors and Facility Managers