_______________ Is Preferred to Joint Venture Arrangements and to Using

question 31

Multiple Choice

_______________ is preferred to joint venture arrangements and to using foreign market agents.

• A) Franchising
• B) Exporting
• C) Wholly owned subsidiary
• D) Turnkey project
• E) Merger

---

Definitions:

Noncumulative Quantity Discounts

Price reductions given for a single purchase order rather than over a period of time, based on the quantity of goods purchased.

Noncumulative Quantity Discounts

Discounts that apply to a single order rather than the total volume of orders over a certain period, encouraging large individual purchases.

Cumulative Quantity Discounts

A pricing strategy where the price per unit decreases as the total quantity purchased over time increases.

Seasonal Discounts

Price reductions offered during specific times of the year to stimulate sales during slow periods.