Timing Is an Important Element of Markdowns

question 87

Multiple Choice

Timing is an important element of markdowns. Those retailers who take a markdown as soon as sales fall off most likely are doing so to

• A) placate dissatisfied customers.
• B) enhance customer perceptions of product quality.
• C) free up valuable selling space and cash.
• D) create an image as a cutting-edge retailer.
• E) react to the entry of a new competitor.

---

Definitions:

Attorney-Client Privilege

A legal principle that keeps communications between an attorney and their client confidential, encouraging open and honest discussion.

Threats of Death

The act of implying or directly stating the intention to kill someone, which can be a criminal offense.

Serious Injury

A serious injury is a type of harm that significantly affects a person’s health or ability to perform daily activities, often requiring extensive medical treatment.

Breach

The violation or non-fulfillment of a legal obligation, contract, or duty.