Examlex
What are some of the key functions performed by sales management?
Trade Discount
A reduction in the list price granted by a supplier to a buyer, often based on the volume of goods purchased or to maintain a competitive advantage.
Free On Board
A shipping term indicating whether the seller or the buyer is responsible for goods that are damaged or destroyed during shipping.
Sales Tax
A government-imposed charge on the sale of goods and services.
Account Receivable
Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.
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