Sam was worried about not making his maintained markup when he was pricing the new line of swimwear for his beach store. What should Sam do to assure a profitable season?
A) He should open earlier in the season and close later to attract extra business
B) He should only set prices on swimwear based upon reference prices
C) He should buy and price merchandise using information about competitors' vendors and manufacturers
D) He should set his initial prices higher to accommodate for markdowns later in the season
E) All of these
Correct Answer:
Verified
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