A Quantity Discount Is a Price Reduction for Buyers Who

question 85

Multiple Choice

A quantity discount is a price reduction for buyers who ________.

• A) buy merchandise out of season
• B) buy merchandise in bulk
• C) pay their bills on time
• D) buy discontinued products
• E) return old items while buying new ones

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Definitions:

Salesperson Knowledge

The information and skills that a sales representative possesses, which can include product details, market insights, and customer service techniques.

Product

Any item or service offered for sale, designed to meet a specific need or demand in the market.

Service

Making a contribution to the welfare of others; the product which is an action or activity done for others for a fee.

Premium

Refers to a payment made for insurance coverage or an amount paid for a product/service above its standard cost.