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Important Definitions

Sales services refer to fee-based marketing assistance provided by manufacturers or wholesalers to retailers. A rebate is a refund or discount paid back to consumers for a purchase. Non-operating income consists of earnings generated from activities outside a company's main business operations.

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34 views

Important Definitions

Sales services refer to fee-based marketing assistance provided by manufacturers or wholesalers to retailers. A rebate is a refund or discount paid back to consumers for a purchase. Non-operating income consists of earnings generated from activities outside a company's main business operations.

Uploaded by

mallikarjun199
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Sales services : Fee-based services for retailers provided by a manufacturer's or wholesaler's

marketing staff .
Rebate : A rebate is an amount paid by way of reduction, return, or refund on what has already been paid
or contributed.

NonOP Income(Non-Operating Income) : The portion of an organization's income that is derived


from activities not related to its core operations.

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