Timing Is an Important Element of Markdowns

question 40

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)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

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Communications that convey bad news, rejections, or other unpleasant information.

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