Question

A clothing store is selling sweaters, and a sales associate notices that a nearby department store is running a sale on the same brand sweaters for the same price. What is the BEST strategy the associate can use to make sure the clothing store's sweaters still sell?

A. Lower the price of the sweaters.
B. Ignore the competitor's sale.
C. Increase the price of the sweaters.
D. Enhance the quality of the sweaters.

Answer 1

The best strategy the sales associate can use to ensure the clothing store's sweaters still sell is to lower the price of the sweaters.

Step-by-step explanation:

The BEST strategy the sales associate can use to make sure the clothing store's sweaters still sell is to lower the price of the sweaters. This approach is based on the principle of price competitiveness in a market where the same brand sweaters are available at the same price in a nearby department store. By offering a lower price, the clothing store can attract customers and retain their sales.