When a retailer purchases excess inventory of a product while it is on-deal to sell later when it is off-deal, the process is:

A) a diversion
B) quantity-seeking
C) forward buying
D) a slotting fee

C

Business

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Credit terms of a merchandising company are 1/15, net 40. This means that the buyer can receive a discount of 1% if the invoice is paid within 40 days of the invoice date

Indicate whether the statement is true or false

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The purpose for establishing incubators is enhancing economic development while grouping similar types of businesses into a consolidated economy

Indicate whether the statement is true or false.

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