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12th Class Business Studies Marketing Question Bank MCQs - Marketing Management

  • question_answer
    'Pepsi offers Rs 5 to the customer on return of empty bottle'. Identify which technique is used by Pepsi.

    A) Rebate              

    B) Refund

    C) Usable benefit                

    D) Discount

    Correct Answer: B

    Solution :

    Refund is a part of price by repaid seller to the customer on some proof of purchase, say on return of empty foils or wrappers. This is commonly used by food product companies, to boost their sales.


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