Which term describes an arrangement where employees can purchase products from other vendors at a reduced price?

Which term describes an arrangement where employees can purchase products from other vendors at a reduced price?

• A. Discount program
• B. Steward Sale
• C. Employee Purchasing Plan
• D. Vendor Discount

Answer: (B)

The arrangement described is a structured benefit that gives employees access to discounted purchases through a planned program. The term that best fits this idea is an Employee Purchasing Plan, as it explicitly denotes a formal plan set up by the employer to allow employees to buy goods at reduced prices, typically through negotiated terms with multiple vendors. A discount program is a more general label and could apply to many groups, not specifically employees. A vendor discount refers to discounts offered by a single vendor to customers, not to a formal, company-wide program with multiple vendors. Steward Sale isn’t a recognized term for this concept in typical purchasing contexts.

The arrangement described is a structured benefit that gives employees access to discounted purchases through a planned program. The term that best fits this idea is an Employee Purchasing Plan, as it explicitly denotes a formal plan set up by the employer to allow employees to buy goods at reduced prices, typically through negotiated terms with multiple vendors.

A discount program is a more general label and could apply to many groups, not specifically employees. A vendor discount refers to discounts offered by a single vendor to customers, not to a formal, company-wide program with multiple vendors. Steward Sale isn’t a recognized term for this concept in typical purchasing contexts.