Which Type of Discount Is a Price Reduction Offered to a Customer

question 170

Multiple Choice

Which type of discount is a price reduction offered to a customer in return for prompt payment of a bill?

• A) quantity discount
• B) cash discount
• C) rebate
• D) functional discount
• E) promotional allowance

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Definitions:

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner, with the goal of reducing negative outcomes.

Buffers

Mechanisms or measures put in place to reduce the impact of shocks or stresses on a system.

Interdependence

The mutual reliance between two or more groups, organisms, or objects, where each is dependent on the others for success or survival.

Win-Lose

A competitive situation where one party's gain is directly proportional to another party's loss.