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Within the channel of distribution for certain types of imported furniture, the typical trade terms are 40/15/10. If a dining room table has a list price of $1,000, how much would the manufacturer sell the table to a jobber for?
Smell
A sense that detects odors or scents, which is mediated by specialized sensory cells in the nasal cavity.
Touch
One of the five senses, involving the perception of physical pressure, temperature, and pain through skin contact.
Taste
One of the five senses; it is the sensation produced when a substance in the mouth reacts chemically with taste receptor cells located on taste buds.
Pain
An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.
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