Question:
What is chargeback?
Answer:
A process in the industry where a wholesaler requests an amount that is the difference between the manufacturer's price to the wholesaler and the contract price to the resale customer.
The actual chargeback occurs when the wholesaler sells the manufacturer's product at contract price that is below wholesaler acquisition cost (WAC).
Especially evident in pharmaceutical industry Source: CoolInterview.com
Chargeback means if you are using service between two or more organization then one organization has to pay cheges to other for the sevices. Source: CoolInterview.com
Answered by: Alpesh Shah | Date: 10/2/2009
| Contact Alpesh Shah
this is an act or policy of allocating the cost of an organizations centrally located resources to the individuals or departments that use them ... Source: CoolInterview.com
Answered by: Sagar Zodgekar | Date: 2/1/2010
| Contact Sagar Zodgekar
If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
- There should not be any Spelling Mistakes.
- There should not be any Gramatical Errors.
- Answers must not contain any bad words.
- Answers should not be the repeat of same answer, already approved.
- Answer should be complete in itself.
|