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At the end of February,the Hearts and Flowers store reduced the price on all of its Valentine's Day's candy by 50 percent in order to liquidate this inventory.What type of pricing strategy is being used in this example?
Strategic Planning
The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.
Top Executives
Individuals who hold the highest-level management positions within an organization, responsible for determining strategy and policy.
Organizational Performance
A measure of how efficiently and effectively a company or organization achieves its objectives.
Top Management Group
The highest-ranking executives who are responsible for directing and overseeing an organization's overall strategy and operations.
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