Gershwin Wallcovering Inc

question 138

Multiple Choice

Gershwin Wallcovering Inc.shipped the wrong shade of paint to a customer.The customer agreed to keep the paint upon being offered a 15% price reduction.The price reduction is an example of a:

• A)Sales revenue.
• B)Sales discount.
• C)Sales return.
• D)Sales allowance.

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Definitions:

Geocentric

Geocentric pertains to considering Earth as the center, or in business, it represents a global approach where policies and practices are applied universally across a multinational company, disregarding national boundaries.

Human Resources

The department within an organization that is responsible for managing employee-related functions, such as hiring, training, and benefits.

Headquarters-Centered

A management approach or organizational structure in which decision-making authority, corporate culture, and major activities are centralized at the main office or headquarters.

Ethnocentric

A perspective that evaluates other cultures according to the standards of one's own culture, often regarding them as inferior.