Pricing Police – Discounts, Rebates & Warranties
A reduction in the amount a purchaser is charged at time of sale for an item or service.
What is a Discount?
At BD, We ___ What is Right
What is Do?
Tweet at Your Own Risk
True or False: Social media posts can be taken as an official company statement.
What is True?
A BD Representative wants to drop price for customer. What is required?
What is Management Approval?
To engage an HCP to provide services for BD, you must provide a legitimate ____.
What is Business Need?
Off-label promotion of BD products by BD associates is strictly _____.
What is Prohibited?
To ensure transparency and compliance, warranty and service obligations must be documented this way before any no-charge product or service is provided.
What is in writing?
Violations of Global Standards may result in this.
What is Disciplinary Action?
Creating your own promotional materials, even if based on internal training or accurate information, can lead to off-label promotion. BD reps must avoid this risky practice, often referred to by this nickname.
What is Home-Made Bread?
The amount of compensation paid for HCP consulting services must reflect this principle.
What is Fair Market Value?
This type of product may be provided to HCPs for patient or HCP education, but must not be used for patient care or resale.
What is a Demonstration Product?
Any product complaint must be reported within this time frame.
What is 48 hours?
This financial credit, awarded to purchasers after the time of sale, must be properly documented in the contract to remain compliant.
What is a Rebate?
The Anti-Kickback Statute and FCPA are meant to fight corruption and this.
What is Bribery?
All requests for off-label information should be referred to this BD department.
What is Medical Affairs?