<span>A discount from the list, or retail, price offered to intermediaries is a
trade discount.
</span>
A trade
discount refers to the
amount by which a manufacturer or producer decreases the retail price of a
product when it sells to a re-seller, relatively to the end customer. It can
also define as a reduction to the available price of a product.
Answer: The newly created firms is able to take advantage of economies of scale.
Explanation:
A merger is an agreement whereby two companies come together and pool their resources together in order to form one company and achieve same organizational goals.
One main reason why companies merge together is in order to achieve economies of scale. This is the reduction in cost as a result of the expansion and increase in production level.
Answer:
a. All of the answers are correct
Explanation:
Typical quality improvements include electronic defect detection which will bring about efficiency in the service delivery to the customers, alteration of organizational architecture to increase local responsiveness to customer needs, purchase of robotic manufacturing systems which will more efficiency to the work being done in the organization and product redesign to meet the needs of the customers