Discounting a Product When the Product Does Not Sell at the Original

question 2

Multiple Choice

Discounting a product when the product does not sell at the original price is referred to as

• A) an inverse markup.
• B) a markdown.
• C) price sensitivity.
• D) concession pricing.
• E) a rebate.

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Definitions:

Oral Communication

The process of expressing information or ideas through spoken words.

Major Points

Major Points are the primary or most important ideas, facts, or arguments presented in a discussion or document.

Two-way Exchange

A process in which information or resources are reciprocally shared or traded between parties.

Destination

The intended end point or goal of a journey or an effort.