Select the Term That Matches Each of the Following Descriptions

question 38

Multiple Choice

Select the term that matches each of the following descriptions.
-reduction of price granted by the seller for a particular class of customers

• A)sales discount
• B)trade discount
• C)sales allowance
• D)sales returns

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Definitions:

Supply Chain Profitability

The overall financial gain generated through the management and coordination of the supply chain, encompassing all stages from material sourcing to product delivery to the end customer.

Spot Market

A public financial market in which commodities or financial instruments are traded for immediate delivery.

Demand

The quantity of a product or service that consumers are willing and able to buy at a given price.

Differential Pricing

A strategy where the same product or service is sold at different prices to different market segments based on various factors.