The temporary reduction of prices on a patterned or systemic basis is called
A) random discounting.
B) negotiated pricing.
C) periodic discounting.
D) secondary-market discounting.
E) comparison discounting.

Question

Quizplus · Accepted Answer

The term "periodic discounting" refers to a temporary reduction in prices that occurs on a regular or recurring basis, often tied to a specific time period or promotional event. This type of discounting can help to generate customer interest and encourage sales, but must be carefully managed to avoid overuse or cannibalization of profits. The other answer choices are not accurate descriptions of this pricing approach.

The Temporary Reduction of Prices on a Patterned or Systemic