A(n)________ Occurs When a Retailer Purchases in the Promotional Period

question 52

Multiple Choice

A(n) ________ occurs when a retailer purchases in the promotional period for sales in future periods.

• A) Backward buy
• B) Pricing incentive
• C) Forward buy
• D) Inventory shift

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Definitions:

Reshoring

The process of bringing manufacturing and production back to a company's original country from overseas to benefit from lower costs, better quality control, or tighter supply chain management.

Firm's Product

The goods or services produced and offered by a business to its customers.

Economic Climate

The overall state and conditions of an economy, affecting business confidence, consumer spending, and financial markets.

Economies Of Scale

The cost advantage achieved when production becomes efficient, as the output increases, the average cost per unit decreases.