The Cash and Carry policy is a business model where customers pay for goods in cash at the time of purchase and carry them away immediately. This policy is commonly used in wholesale markets, where businesses buy products in bulk to resell them at a profit.
Under this policy, there are no credit terms or delayed payments. Customers must pay the full amount upfront, and they are responsible for transporting the goods themselves. This model helps businesses maintain cash flow and reduces the risk of bad debts.
Cash and Carry policies are beneficial for both buyers and sellers. Buyers can often get lower prices due to bulk purchasing, while sellers benefit from immediate payment and reduced administrative costs associated with credit sales.