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Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEnterprise Marketing5 Marks
Question
What is meant by base pricing and discount?
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Answer

Base pricing and discount method is the method in which the entrepreneur fixes one price for its commodity. This price is calculated in advance considering the point that discount will be offered during the sale. Here, the discount offered is of various discount are fixed. Discount is offered to all the customers but at different rates. The wholesaler discount may be different from, types. Depending on the type of customers the various rates of volume discount, discount for transaction and off-season discount.Base price and discount = predetermined price discount

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