Timing Is an Important Element of Markdowns

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) create an image as a "cutting edge" retailer
D) free up valuable selling space and cash
E) react to the entry of a new competitor