A retail salesperson at a department store cosmetics counter gets five dollars every time he sells a bottle of a certain brand of cologne. Explain the type of trade promotion that is being used in this instance
What will be an ideal response?
Push money is the promotion technique being used; it is an incentive program used by a manufacturer to pay a salesperson for selling, or "pushing," its product.
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The foundations of modern manufacturing and technological breakthroughs were inspired by the creation of the mechanical computer by:
A) Charles Babbage. B) James Watt. C) Eli Whitney. D) Frederick Taylor.
A responsive supply chain typically has:
A) a low capacity cushion. B) high inventory turns. C) supply chain partners that emphasize low prices. D) supply chain partners that emphasize volume flexibility.
An error in the ending inventory balance will cause an error in the calculation of cost of goods sold.
Answer the following statement true (T) or false (F)
Smithfield Enterprises issues debt with a maturity of 7 years. In the case of bankruptcy, holders of this debt may only claim those assets of the firm that are not already pledged as collateral on other debt
Which of the following best describes this type of corporate debt? A) a note B) a mortgage bond C) an asset-backed bond D) unsecured debt