If a company reduces the price of milk to match a competitors is this considered a business transaction?
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Answer:
It's not a business transaction, it's a business decision. A transaction would be when something is bought, sold or exchanged.
koreykrey at Answerbag.com Visit the source
Other answers
No, i would consider it more like a move in market strategic pricing advantage, more than a business transaction. Transaction to me means a exchange of goods for another agreed upon symbol ie: money, trade or barter.
trps1001
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