A bulk discount is a reduction in price offered by sellers to buyers who purchase goods or services in large quantities.
Cost-Benefit Analysis is a technique used in capital budgeting that evaluates the estimated costs against the expected benefits of a proposed investment.
Economic benefits represent the gains realized from an improvement in facilities or services provided by a government or local authority, usually expressed in financial terms.
Forward buying is a retail practice of purchasing more inventory than immediately needed to take advantage of special discounts or trade allowances, thereby aiming to increase profits.
Generic products are plainly labeled, unadvertised products, which often include items such as prescription drugs and grocery items. They are typically more affordable, often costing up to 40% less than national brands.
A Volume Discount is a pricing strategy where a seller offers a lower price per unit of a product when purchased in larger quantities. This encourages buyers to purchase more to gain the benefit of lower unit costs.
