Examlex
Functionalism refers to the belief that art had a social function and could help create a new civilization.
List Price
The manufacturer's suggested retail price (MSRP) that is intended to be the starting point for negotiations between buyers and sellers.
Jobber
A wholesaler who buys goods from manufacturers and sells them to retailers; also known as a wholesale merchant or distributor.
Trade Discounts
Price reductions granted by suppliers to buyers in the trade channel, often based on volume purchased or to promote certain behaviors.
Channel
A medium through which a product or service is distributed to its end-users, such as a retail store or online platform.
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