Practice Quiz

Registered Dietitian

Category - Management

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The purpose of promotional pricing is to:
  1. Reduce stock of less popular items
  2. Identify potential new markets
  3. Stimulate sales during slow periods
  4. Raise additional revenues for capital expenditures
Explanation
Answer: C - The purpose of promotional pricing is to stimulate sales during slow periods. Promotional pricing may or may not be used to reduce stock of less popular items.
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