Insta-Mark Inc

question 69

Multiple Choice

Insta-Mark Inc. makes custom-imprinted three-ring binders for business customers. Its prices are: $4.00 per binder for a single order of up to 50 binders; $3.50 per binder for a single order of 51 to 100 binders; and $3.00 per binder for a single order over 100 binders. Insta-Mark is using a(n) :

• A) Seasonal discount.
• B) Cash discount.
• C) Cumulative quantity discount.
• D) Noncumulative quantity discount.
• E) Trade discount.

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Definitions:

Acquire Patents

Process of obtaining legal rights to inventions or designs, ensuring exclusive use to the holder.

Cost-Reduction

Strategies or actions taken to lower expenses and improve efficiency in production or operations.

Long-Run Profitability

A measure of a company's ability to maintain earnings at a certain level over the length of time necessary to cover all costs, including variable and fixed costs.

Imitate

The act of copying or mimicking the actions, appearance, or characteristics of someone or something.