A Retailer Reduces Its Invoice by 5 Percent Since a Supplier

question 35

Multiple Choice

A retailer reduces its invoice by 5 percent since a supplier shipped seasonal merchandise 10 days late.The price reduction is designed to compensate the retailer for additional markdowns.This reduction illustrates a _____.

• A)markdown adjustment
• B)slotting allowance
• C)slotting fee
• D)chargeback

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Definitions:

Anger

An emotional state that varies in intensity from mild irritation to intense fury and rage, often as a response to perceived wrongs.

Psychological Disorder

A pattern of behavioral or psychological symptoms that impact multiple life areas and/or create distress for the person affected.

Antisocial Personality

A personality disorder characterized by a long pattern of disregard for, or violation of, the rights of others.

Dissociative Personality

A condition, more accurately known as Dissociative Identity Disorder, characterized by the presence of two or more distinct personality states that control an individual's behavior in different circumstances.