Retailers use _______ to get rid of slow-moving or obsolete merchandise.
A) markdowns
B) slotting allowances
C) price lining
D) rebates
E) seasonal allowances

Question

Quizplus · Accepted Answer

Retailers use markdowns to reduce the price of slow-moving or obsolete merchandise in order to incentivize customers to purchase it and make room for new inventory. Slotting allowances, price lining, rebates, and seasonal allowances are unrelated to this specific business practice.

Retailers Use _______ to Get Rid of Slow-Moving or Obsolete