Explanation:
To describe about the types of discount, let us understand the purpose of discount.
Discount can occur in any "distribution channel". This can,
- To attract, retain and get customers
- short term sales
- to move-out-of-stock etc.
Types of discounts:
You can call in simple,
1. Trade discount 2. Quantity discount 3. Cash discount
I am giving you detail discounts down.
- Dealing with trade
- Discount card
- Coupons
- Dealing with quantity
- Trade-in credit
- Rebate
Answer:
E) Relational and identity issues are rarely important in negotiations.
Explanation:
Negotiations between conflicting parties involve people, and whenever people are involved, the possibility of personal issues getting involved always exist. Sometimes a good relationship between the negotiating parties can help to solve the problem more swiftly, but bad relationships can result in exactly the opposite.
Answer:
C. using more liberal credit terms to increase sales
Explanation:
According to the question it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days
= 365 ÷ 12
= 30.41
= 30 days
But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days
Therefore the Management of marian would have more liberal credit terms that would increase the sales
