Which of the following statements describes situations in which markdowns would be appropriate?
A) Markdowns would be appropriate on a pair of pillows that had been part of a display and were showing light wear
B) Markdowns would be an appropriate pricing strategy for winter parkas that are still in stock in March
C) Markdowns would be appropriate for licensed merchandise supporting a movie that was not as popular as predicted
D) Markdowns would be appropriate for national brand merchandise that were priced 15 percent lower in a neighbouring store
E) All of these statements

Question

Quizplus · Accepted Answer

A) Markdowns would be appropriate to clear out inventory that is showing wear and tear.
B) Markdowns would be appropriate to clear out inventory that is out of season and unlikely to sell at full price.
C) Markdowns would be appropriate to clear out inventory that is not selling as well as predicted.
D) Markdowns would be appropriate to stay competitive with neighbouring stores and prevent customers from going elsewhere to purchase the same items at a lower price.

Which of the Following Statements Describes Situations in Which Markdowns