In Most Cases, the Reason Products Cost Relatively Little in One

question 93

Multiple Choice

In most cases, the reason products cost relatively little in one country and cost more in another is the

• A) profiteering measures taken by exporting companies.
• B) consistency in perception of quality in all countries.
• C) inelastic demand of most consumer goods.
• D) requirement that all export goods must use set skimmed price.
• E) higher costs of exporting.

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Definitions:

Achieving A Target Return

In finance and business, achieving a target return refers to the goal of obtaining a specific level of profit or return on investment over a given period.

Pricing Strategy

Pricing Strategy encompasses the methods and logic a company uses to set prices for its products or services, influencing demand, profitability, and market positioning.

Profit Objectives

Financial goals set by a company seeking to achieve a specific amount of profit over a certain period.

Target Return

A pricing strategy that sets the price point based on a predetermined return on investment or desired profit margin.