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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Believed to be the first coupon ever, this ticket for a free glass of Coca-Cola was first distributed in 1888 to help promote the drink. By 1913, the company had redeemed 8.5 million tickets. [6] Coca-Cola's 1888-issued "free glass of" is the earliest documented coupon. [6] [7] Coupons were mailed to potential customers and placed in magazines ...
Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021. [1] [2] Biden, a member of the Democratic Party who previously served as vice president for two terms under President Barack Obama, took office after his victory in the 2020 presidential election over the incumbent president, Donald Trump of the Republican Party.
On 7 October 2023, a large escalation of the Gaza–Israel conflict began with a coordinated offensive by multiple Palestinian militant groups against Israel.A number of countries, including many of Israel's Western allies, such as the United States and a number of European countries, condemned the attacks by Hamas, expressed solidarity for Israel and stated that Israel has a right to defend ...
The U.S. accounted for 26% of the global economy in 2023 in nominal terms, and about 15.5% in PPP terms. [ 11 ] [ 45 ] The U.S. dollar is the currency of record most used in international transactions and is the world's reserve currency , backed by a large U.S. treasuries market , its role as the reference standard for the petrodollar system ...
[13] [14] Cingular gave Apple the liberty to develop the iPhone's hardware and software in-house, a rare practice at the time, [15] [16] and paid Apple a fraction of its monthly service revenue (until the iPhone 3G), [17] in exchange for four years of exclusive U.S. sales, until 2011.
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