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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Bought on price meaning
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” ??
It means people are choosing between products on the basis of price – i.e. preferring whatever is the cheapest 🙂
@johnmoffat said:
It means people are choosing between products on the basis of price – i.e. preferring whatever is the cheapest 🙂
Got it 🙂
Great 🙂