How Has the Belgian Discount Food Retailer Franz Colruyt Achieved

question 72

Essay

How has the Belgian discount food retailer Franz Colruyt achieved low-cost leadership? List three specific examples and describe each briefly.

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Definitions:

Cash Discount

A reduction in the invoice price offered to buyers as an incentive for early payment.

Wholesalers

Companies that sell merchandise to other businesses rather than to the public.

Credit Terms

Terms for payment on account by the buyer to the seller.

Sales Discount

A reduction in the price of goods or services offered to customers, often to prompt early payment or bulk purchases.