Question

why companies markdown the product
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Answer 1

Answer:

The idea of this policy is to give the products a little more time to attract the interest of customers, but then to mark them down steeply if they fail to do so. Late markdowns are usually handled through a scheduled clearance sale once or twice a year, and items are marked down at least 37 percent.

Answer 2

Answer:

The idea of this policy is to give the products a little more time to attract the interest of customers, but then to mark them down steeply if they fail to do so. Late markdowns are usually handled through a scheduled clearance sale once or twice a year, and items are marked down at least 37 percent.

Explanation:

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