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One Incentive Scheme That Insures a Steady Return of Products

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One incentive scheme that insures a steady return of products through reverse logistics channels is to provide a new copy of a product if another copy is returned. This program is commonly known as:


Definitions:

Preemptive Right

The right of existing shareholders to purchase additional shares before the company offers them to the public, maintaining their proportional ownership.

Common Shareholder

A common shareholder is an individual or institution that owns common shares in a company, giving them rights to vote at shareholder meetings and to receive dividends.

New Stock

Shares that have been issued to the public for the first time through an initial public offering (IPO) or additional issuance.

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