An early markdown policy can be assured through the use of a(n)________.
A) off-retail markdown percentage plan
B) price-adjustment plan
C) stock-shortage control plan
D) automatic markdown plan

Question

Quizplus · Accepted Answer

An automatic markdown plan allows retailers to set predetermined criteria that will trigger markdowns at specific times, such as when a certain amount of time has passed or when inventory levels reach a certain threshold. This helps ensure an early markdown policy and promotes efficient inventory management.

An Early Markdown Policy Can Be Assured Through the Use