The Online Retailing Technique Known as _____ Offers Deep Discounts

question 4

Short Answer

The online retailing technique known as _____ offers deep discounts of a limited quantity of inventory, often for a fixed period of time or until inventory runs out.

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Definitions:

Average Operating Assets

A metric representing the average value of the assets involved in the operating activities of a business over a period.

Contribution Margin

The difference between sales revenue and variable costs of a product or service, indicating the amount contributing to covering fixed costs and generating profit.

Fixed Costs

Fixed costs refer to business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, and insurance premiums.