Which of the Following Statements About Markdowns Is True

question 10

Multiple Choice

Which of the following statements about markdowns is true?

• A) Markdowns are part of the cost of doing business
• B) Markdowns are an opportunity to increase sales
• C) Markdowns are initiated to induce price-sensitive customers to buy more
• D) Retailers should plan for markdowns
• E) All of these

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Definitions:

Low Control

A perceived lack of influence over one’s environment or outcomes, often associated with stress and negative psychological implications.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Cardiovascular Disease

A group of disorders of the heart and blood vessels, including coronary artery disease, hypertension, and stroke.

Health Problems

Any condition that impairs the normal functioning of the body, ranging from minor illnesses to chronic diseases and mental health disorders.