Discounts Refer to Reductions from the __________ That a Seller

question 257

Multiple Choice

Discounts refer to reductions from the __________ that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller.

• A)final price
• B)list price
• C)wholesaler's cost
• D)manufacturer's cost
• E)retailer's cost

---

Definitions:

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.

Reward Strategy

A plan designed by an organization to motivate employees by recognizing their work through financial and non-financial rewards.

Organization Members

Individuals who are formally associated with an organization and contribute to its goals, including employees, managers, and stakeholders.

Rewards

Benefits, monetary or non-monetary, given to individuals or groups as recognition for their efforts, performance, or achievements.