Timing Is an Important Element of Markdowns

question 342

Multiple Choice

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

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

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