A price reduction to buyers who pay their bills promptly is called.

Related MCQs

• The three major considerations in price setting are: costs set the floor price; ______________; and customers' assessment of unique features establishes the price ceiling.
• The financial exchange that takes place online between buyers and sellers is known as
• Introducing a product at low price and increasing the price once the brand succeeds is known as ______________ Pricing.
• Executives often complain that pricing is a big headach Common mistakes include: price is not revised often enough to capitalize on market changes; price is set ______________ of the rest of the marketing mix rather than an intrinsic element of a market-positioning strategy.
• General rural markets where rural /tribal people gather once or twice a week on a fixed day to exchange/to sell their produce is called ______________
• The group of elements price, product, promotion and place constitute
• Setting price on the basis of the total cost per unit is known as ______________
• ______________ pricing means assigning a low price tag for a product and providing the benefits of low-cost mass production to the customers.
• Setting price on the basis of the competition for the product is known as ______________.
• When a firm sets a very low price for one or more of its products with the intention'of driving its competitors out of business.