Explain how you would obtain pricing from UKEP, given that you are an established distributor. b) Your eText identifies several types of discounts that suppliers are prepared to offer. Identify and describe them. Which discounts might be applicable to you c) Assuming 3 employees in your Purchasing department, prepare a Table with reasonable estimates of the activity costs of placing an order with UKEP
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Mo
a) Explain how you would obtain pricing from UKEP, given that you are an established distributor.
b) Your eText identifies several types of discounts that suppliers are prepared to offer. Identify and describe them. Which discounts might be applicable to you
c) Assuming 3 employees in your Purchasing department, prepare a Table with reasonable estimates of the activity costs of placing an order with UKEP
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