Which of the Following Statements Is NOT True of Markdowns

question 56

Multiple Choice

Which of the following statements is NOT true of markdowns?

• A) Markdowns are part of the cost of doing business,and thus buyers plan for them.
• B) A buyer's objective is to minimize markdowns.
• C) Retailers have a set of arbitrary rules for taking markdowns.
• D) Buyers employ markdowns to promote merchandise and increase sales.
• E) Markdowns can increase customer traffic flow.

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