When making a good markdown decision,a retailer should ______.
A)partner with their vendors and share the financial burden of the markdowns
B)heed the opinions of the consumer groups who monitor pricing practices
C)rely exclusively on the computer software designed for optimal pricing
D)consider only the rules-based approach because it has proven its reliability
E)limit them as they hinder customer loyalty

Question

Quizplus · Accepted Answer

Vendors often have a partnering relationship with retailers and are interested in the success of their merchandise at the retailer.Vendors are knowledgeable about the market and competition and can help with planning and supporting a successful markdown strategy.

When Making a Good Markdown Decision,a Retailer Should ______