Asked by
Jessica Hazell
on Dec 15, 2024Verified
What type of discount would Toro, a domestic yard machinery company, most likely offer its channel members to carry and sell its riding lawn mowers during the winter?
A) noncumulative discounts
B) cumulative discounts
C) functional discounts
D) seasonal discounts
E) trade discounts
Seasonal Discounts
Price reductions on products or services offered during certain times of the year or specific seasons to increase sales.
Channel Members
Entities involved in the distribution process of a product, ranging from producers to retailers, who work together to deliver products to the final consumer.
Riding Lawn Mowers
Lawn mowing machines designed for the operator to ride on, offering faster and more comfortable mowing of larger areas compared to push mowers.
- Identify the rationale for providing various discounts, including cash-back offers, trade markdowns, and seasonal promotions.
Verified Answer
RZ
Learning Objectives
- Identify the rationale for providing various discounts, including cash-back offers, trade markdowns, and seasonal promotions.