A Target Return Profit Pricing Objective Implies That a Company

question 121

Multiple Choice

A target return profit pricing objective implies that a company chooses to

• A) set targets whose performance can be measured quickly.
• B) give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
• C) set a profit goal that is often determined by its board of directors.
• D) reduce investment in any further market or product research.
• E) set prices based on return on sales.

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Definitions:

Diversity

The representation of a range of different identities and differences (such as ethnicity, gender, age, sexual orientation, disability, and cultural background) within a group or organization.

In-group Collectivism

The tendency of individuals in a group to prioritize and value the goals, needs, and well-being of the group over individual concerns.

Devoted

Showing strong loyalty or affection towards something or someone, often leading to dedicated and enthusiastic support or service.

Organizations

Structured groups of people who come together to achieve common goals.