FINC1231 - CH. 6

The _ defines the channels or stages that a
product passes through as it is converted from a raw
material to a finished product purchased by the consumer

In supply chain, Costco is an example of a _

If consumer price is $130 and retailer is $115, what is the Trade discount price?

A _ is a reduction of a list price or
manufacturer’s suggested retail price (M SRP)

MSRP means

Trade discount is usually stated as a percent of the _ or MSRP.

If a list price is subject to two or more discounts, these
discounts are called a _

Additional discounts may be offered to encourage
_ orders

Additional discounts may be offered to encourage
large volume orders and early orders for _

discount: -10%

• $100 x (1 - d)

• $100 x (1 + d)