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Author Question: Today, over 90 percent of all retailers and 72 percent of all businesses are corporations. a. ... (Read 38 times)

NguyenJ

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Today, over 90 percent of all retailers and 72 percent of all businesses are corporations.
 
  a. True
  b. False

Question 2

For each vendor in the case study describe what type of discounts, dating, allowances and services they are offering the buyer.
 
  What will be an ideal response?



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apple

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Answer to Question 1

b Today, over 90 percent of all retailers and 72 percent of all businesses are sole
proprietorships.

Answer to Question 2

Vendor 1  Bella Notte  is offering terms of 3/10, n 30 with a 5 markdown allowance.
Cash discount, regular dating, markdown allowance.

Vendor 2  Je Veux  is offering terms of 2/10  50X with a quantity discount of 5 if the buyer purchases more than 1200 pairs.
Quantity discount, cash discount, extra dating

Vendor 3  Serge  is offering terms of 2/10, n 30 with a 2 damage allowance. Serge has also agreed to have an in-store designer personal appearance event each season at the three largest Chasseurs stores to help increase traffic and to promote the label.
Cash discount, regular dating, damage allowance, services- personal appearance.

Vendor 4  Rouge  is offering terms of Net 30 with a 5 markdown allowance. Since Rouge is Chasseurs's newest vendor, they are also offering a 2 promotional allowance at the beginning of the season and point-of-purchase posters and display fixtures to help advertise and promote the brand.
Markdown allowance, promotional allowance, service point of purchase selling aids



NguyenJ

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Both answers were spot on, thank you once again



apple

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