A type of purchasing behavior in which off-price retail stores negotiate especially low prices for certain categories of merchandise, such as end-of-season goods and closeouts is called
A)opportunistic buying.
B)negotiated buying.
C)seasonal buying.
D)strategic buying.
E)rock-bottom buying.

Question

Quizplus · Accepted Answer

Opportunistic buying refers to the practice where off-price retailers negotiate especially low prices for specific categories of merchandise, such as end-of-season goods and closeouts, taking advantage of opportunities to purchase inventory at significantly reduced costs.

A Type of Purchasing Behavior in Which Off-Price Retail Stores