Solution-Should discounts only be given out to the employee

Should discounts only be given out to the employee

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Reference no: EM132716577

On May 18, 2018, Gardenia Co., a gardening company, purchased $10,000 of seeds, terms 2/10, n/30, from New Growth Co. Linda Davis is the secretary for New Growth Co. Even though the discount period had expired, she gave the discount of $200 when she processed the documents for payment on June 1, 2018.

Question 1: Discuss whether Linda Davis behaved in a professional manner by subtracting the discount, even though the discount period had expired.

Question 2: Think of a job you, a friend, or family member has had. Have there been any "friends and family" or "customer" discounts given out?

Question 3: Is it important for a company to keep track of how much money in discounts is given out?

Question 4: What are the implications of allowing discounts for friends and family? Should discounts only be given out to the employee?

Question 5: What are your thoughts from an employee's point of view and from a business owner's point of view

Reference no: EM132716577

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Should discounts only be given out to the employee

Reference no: EM132716577

Reference no: EM132716577

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