What is a limitation of the rules-based approach for taking markdowns?
A) The rules-based approach is based upon gross margin
B) The approach prohibits input from the vendor
C) The approach does not follow a fixed schedule
D) Its only goal is to clear inventory
E) The approach assumes that items in a category do not exhibit the same behaviour

Question

Quizplus · Accepted Answer

The rules-based approach primarily focuses on clearing inventory, often without considering other factors like customer demand or vendor input, which can limit its effectiveness in maximizing profitability.

What Is a Limitation of the Rules-Based Approach for Taking