Sometimes Retailers Will Give You Up to a 5% Discount

question 54

Multiple Choice

Sometimes retailers will give you up to a 5% discount if you pay cash for their products instead of using your credit card. Why?

• A) It is just good customer service, especially for repeat customers.
• B) They are getting close to their monthly charge limit and don't want to go over it.
• C) They are saving on the Merchants Discount Fee so they pass the savings on to you.
• D) Its much less paper work to process cash transactions.

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Definitions:

Social Scientists

Professionals who study human society and social behavior through the analysis of various aspects such as institutions, behaviors, and cultures.

Social Group Work

A method of social work that helps individuals enhance their social functioning through purposeful group experiences.

Knowledge Base

A centralized repository of information, consisting of facts, information, and skills acquired through experience or education.

Social Goals Model

A framework suggesting that individuals engage in social behavior primarily to achieve specific social status, acceptance, or goals.