________ are premiums, such as a free trip, that a manufacturer gives to a retailer for buying a certain amount of a product

A) Bonuses
B) Loaders
C) Spiffs
D) Allowances
E) Pulls

B

Business

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The goal of branding is to:

A) be able to charge a higher price than the competition B) gain the largest market share C) set a product apart from its competitors D) have a trademark that is easily identifiable

Business

As of November 14, Ben has an outstanding credit card balance of $1,100 from purchases made over the past month. The new billing period begins on November 15

Assume Ben's outstanding balance for the first 15 days of this new billing period (Nov. 15-29) is $1,100. Then on November 29, the financial institution receives a payment of $600 from Ben, reducing his balance to $500. This is the balance for the remaining 15 days. Using the adjusted balance method and a monthly interest rate of 2.5%, Ben's finance charge would be A) $15.00. B) $12.50. C) $27.50. D) $20.00.

Business