How Does an Improved Inventory Management Through the Use of an Everyday

question 2

Multiple Choice

How does an improved inventory management through the use of an everyday low-pricing (EDLP) strategy benefit retailers?

• A) It increases the total sales.
• B) It increases the number of rain checks.
• C) It leads to more frequent sales and markdowns.
• D) It results in a need for more backup stock.
• E) It increases the sales of slow-moving merchandise.

---

Definitions:

Eye-Movement Data

This refers to information collected about where and how the eyes move, often used in psychological and medical research to understand visual processing and attention.

Language

The method of human communication, either spoken or written, consisting of the use of words in a structured and conventional way.

Attention

The focusing of cognitive resources on particular information while ignoring other perceivable information.

External Environment

All external factors and conditions, including physical, social, and economic, that affect an individual or organization.