answersLogoWhite

0

You know, that is a really good question.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Math & Arithmetic

What is discount retailing?

Discount retailing refers to the practice of selling products at prices lower than the standard retail prices, often by reducing profit margins and minimizing operating costs. This approach attracts price-sensitive consumers and typically involves large-volume sales of a limited selection of items. Discount retailers may include stores like outlets, warehouse clubs, and dollar stores, which focus on providing value through bulk purchasing and streamlined operations. Overall, discount retailing aims to make products more accessible to a broader customer base.


What areas do business economists work in?

Business economists work in such areas as manufacturing, mining, transportation, communications, banking, insurance, retailing, private industry, securities and investment firms, management consulting firms, and economic and market research firms,


What is downstream distribution?

Downstream distribution refers to the processes involved in delivering products from manufacturers to the final consumers. This includes activities such as warehousing, transportation, and retailing. The goal is to ensure that goods are efficiently and effectively distributed to meet consumer demand. Downstream distribution is a critical component of supply chain management, impacting customer satisfaction and overall business performance.


Mathematics in retailing?

A retailer bought 10 mowing machines at rm888 each.He was offered trade discount of 10%,5% and the credit terms were 4/10,n/30.He also had to pay rm60 for transportation costs.Later,he sold these machines with a markup of 30% on selling price.For each machine,the net profit obtained was rm95.Find the total payment made for all the machines ten days from the date of the invoice.