Answer:
<u>A. Plans for making commodities available for sale or trade</u>
Explanation:
- As a market is a place where all the goods and commodities are brought for sale the products and services that exist in the market or on the market are those that brought for the consumption by the people.
- This involves the plans for buying and selling in the market to get a good amount of returns. Off the market means the properties that are for sale but are not available for the purchase. Hence the products are based on the availability of the market conditions.
Product/Service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Answer:
The amount of the sales discount is $60.
Explanation:
The with payment terms of 2/10, n/30 imply that Drafke will enjoy 2% discount if he pays within 10 days; but after the first 10 days, the full invoice amount payable will be due for payment in 30 days without the 2% discount.
From the question, we have:
Total credit sales = $5,000
Sales return = $2,000
Net credit sales = Total credit sales - Sales return = $5,000 - $2,000 = $3,000
If Drafke pays his account in full within ten days of the invoice date, he will enjoy the 2% discount rate. Therefore, we have:
Discount amount = Net credit sales * Discount rate = $3,000 * 2% = $60
Therefore, the amount of the sales discount is $60.
Giving emplyment to unemployment people