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by koreykrey on August 27th, 2009

koreykrey

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If a company reduces the price of milk to match a competitors is this considered a business transaction?

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  • by Tom on August 27th, 2009

    Tom

    It's not a business transaction, it's a business decision. A transaction would be when something is bought, sold or exchanged.

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  • by trps1001 on August 27th, 2009

    trps1001

    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.

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