Quality discount is offered to persuade the buyer to?

Assessment: WAEC SSCE - Commerce - 2003 (Objective) Subject: Commerce

Question 1 Report

Quality discount is offered to persuade the buyer to?
Answer Details
Quality discount is offered to persuade the buyer to buy more. Quality discount is a type of incentive or discount that is given to buyers to encourage them to purchase more of a product. It is usually offered when a buyer purchases a certain quantity of a product or spends a certain amount of money on a purchase. The purpose of quality discount is to increase the volume of sales and improve the profitability of the business. By offering quality discount, the buyer is motivated to buy more and the seller benefits from increased sales volume.

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