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Bought on price meaning

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Bought on price meaning

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 14, 2018 at 4:38 pm #467836
    myacca1990
    Participant
    • Topics: 153
    • Replies: 164
    • ☆☆☆

    Condition suitable for volume discounting strategy.
    “The product is traditionally bought on price – it is
    difficult to distinguish from competing products (e.g.
    car tyres)”
    I am confused here what is meant by “bought on price” ??

    August 14, 2018 at 6:33 pm #467849
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    It means people are choosing between products on the basis of price – i.e. preferring whatever is the cheapest 🙂

    August 15, 2018 at 6:16 am #467908
    myacca1990
    Participant
    • Topics: 153
    • Replies: 164
    • ☆☆☆

    @johnmoffat said:
    It means people are choosing between products on the basis of price – i.e. preferring whatever is the cheapest 🙂

    Got it 🙂

    August 15, 2018 at 8:16 am #467927
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    Great 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Bought on price meaning’ is closed to new replies.

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