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Business DOCS
Chapter 29
| Question | Answer |
|---|---|
| what is effective purchasing? | effective purchasing means choosing the supplier who offers the best deal in term of price quality delivery and term of sale |
| explain the term carraige paid? | means the transport of the goods ordered by the buyer is paid for by the seller. free delivery |
| explain the term trade discount? | this is a discount given by the seller to the buyer to encourage the to purchase the goods |
| whos sends the letter of enquiry? | the buyer sends the letter of enquriy |
| what does COD mean? | COD means cash on delivery |
| what does CWO mean? | CWO means cash with order |
| how a buyer would treat a letter of enquiry? | buyer:(1) check that anme and address are correct (2) file a copy of a letter of enquiry |
| how a seller would treat a letter of enquiry? | seller: (1) check that nbame and address are correct (2) send a quotation (3) file the letter |