Asked by

jennifer lopez
on Dec 15, 2024

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The purpose of a cash discount is to

A) reward retailers for making large quantity purchases.
B) encourage purchasing items during periods of low demand.
C) prevent competitors from obtaining shelf space.
D) counteract the introduction of a new product by a competitor.
E) encourage retailers to pay their bills promptly.

Cash Discount

A reduction in the price paid for goods or services if payment is made within a specified period.

Encourage

To motivate, inspire, or support someone to take a particular action or to continue doing something.

Promptly

Acting quickly or without delay, often to meet a specific deadline or respond in a timely manner.

  • Distinguish between different incentives such as promotional allowances and cash discounts.
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Alyssa GrimardDec 21, 2024
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