Question
T-Vee Corp. uses a number of different price adjustment strategies depending on what they want to accomplish.Indicate the type of strategy being used in each
T-Vee Corp. uses a number of different price adjustment strategies depending on what they want to accomplish.Indicate the type of strategy being used in each of the following situations:
Offer a price reduction to a distributor for performing certain functions, such as selling and storing our products.
2/10, net 30.Give a retailer a 2% reduction from the invoiced amount if the invoice is paid within 10 days.
Provide money to a retailer if a specific product is features in a reatiler's advertisement
If a retailer orders a minimum of 15 televisions, reduce the price by 5%.If 25 televisions are ordered, reduce the price by 7%.
A retailer ordering electornic products 6 months before the heavy selling period (November/December) receives a 3% discount
Consumers who bring any old television into a retailer will receive a $50 price reduction on a new T-Vee Corp. television.
Discounts:Cash Discount, Quantity Discount, Functional Discount, Seasonal Discount
Allowances:Trade-in Allowance, Promotional Allowance
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