When a Channel Intermediary Is Compensated for the Ordinary Services

question 145

Multiple Choice

When a channel intermediary is compensated for the ordinary services and tasks performed within the channel of distribution,the compensation usually comes in the form of a discount from base price.This discount is called a:

• A) seasonal discount
• B) promotional allowance
• C) cumulative or noncumulative quantity discount
• D) functional (or trade)discount
• E) rebate or refund

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Definitions:

Portfolio

A grouping of investment tools like equities, bonds, raw goods, actual cash, and assets similar to cash, which also comprises mutual funds and ETFs.

Joint Probability Distribution

A mathematical description of the likelihood of two events occurring together and at the same point in time.

Car Salespeople

Individuals specialized in selling automobiles, often working at car dealerships.

Joint Probability Distribution

The probability distribution of two or more random variables happening simultaneously and their possible combinations.