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

Question

Quizplus · Accepted Answer

The temporary reduction of prices on a patterned or systematic basis is known as periodic discounting. This type of discounting is often used to stimulate sales during periods of low demand or to reduce inventory levels. Random and secondary-market discounting are not systematic, negotiated pricing is not necessarily a reduction in price, and comparison discounting is not a common term in pricing strategies.

The Temporary Reduction of Prices on a Patterned or Systematic