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Professional careers

Relating ot he various professional career paths or positions that exist.

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Professional careers > Sales

negotiated price

Professional careers; Sales

A price agreed upon for the supply of goods or services by both buyer and seller.

functional discount

Professional careers; Sales

A price allowance given to a firm performing some part of the marketing function for other members of the channel of distribution, also called trade discount.

quantity discount

Professional careers; Sales

A price reduction made to encourage a purchaser to order a larger quantity than would otherwise have been purchased.

cumulative quantity discount

Professional careers; Sales

A price reduction offered to a purchaser in which the amount of the discount increases over time with the volume purchased.

promotional allowance

Professional careers; Sales

A price reduction or discount granted by a manufacturer to a member of the marketing channel in return for some form of special promotion of a particular product.

economic forecast

Professional careers; Sales

A prediction of the likely impact on the business environment of factors such as inflation, interest rates, unemployment, government and consumer spending, etc.

stabilising price

Professional careers; Sales

A price set for a product with the intention of keeping prices steady within an industry in order to avoid a price war.