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What are back-end rebates (BERs) and back-end credits (BECs)?

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Many industries around the world have complex pricing practices. These tend to become more and more complex as the industry becomes more and more competitive. Many creative programs have been created by businesses and their trading partners in order to provide maximum benefit to both parties involved and improve their competitiveness in the market place. One solution to allow for trading partners to become more competitive and gain market share is back-end rebate or BECs. There are many...

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