Quantity discount is described as what?

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Prepare for the AAMI Funeral Home Management And Merchandising Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

Quantity discount is described as what?

Explanation:
Quantity discount is a reduction in price that applies when you order a minimum quantity. It serves as a bulk-buying incentive, lowering the per-unit cost as purchase volume crosses established thresholds. This is different from an early-payment discount (which rewards paying promptly) and from a seasonal sale price (which is time-based). It’s also not a shipping credit, which reduces shipping charges rather than the merchandise price. For example, you might receive a percent off the order total when you meet or exceed a specified quantity, making larger purchases more cost-effective for stocking common items in a funeral home.

Quantity discount is a reduction in price that applies when you order a minimum quantity. It serves as a bulk-buying incentive, lowering the per-unit cost as purchase volume crosses established thresholds. This is different from an early-payment discount (which rewards paying promptly) and from a seasonal sale price (which is time-based). It’s also not a shipping credit, which reduces shipping charges rather than the merchandise price. For example, you might receive a percent off the order total when you meet or exceed a specified quantity, making larger purchases more cost-effective for stocking common items in a funeral home.

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