Target Return-On-Sales Pricing Refers to

question 251

Multiple Choice

Target return-on-sales pricing refers to

• A) adjusting the price of a product so it is "in line" with that of its largest competitor.
• B) setting the price of a line of products at a number of different price points.
• C) adding a fixed percentage to the cost of all items in a specific product class.
• D) setting prices to achieve a profit that is a specified percentage of the sales volume.
• E) setting a price based on a specific annual dollar target profit volume.

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Definitions:

Inflate

To cause to increase in size, volume, or importance, sometimes referring specifically to the increase of prices or the expansion of economic bubbles.

Patch

A small piece of material used to mend or cover a hole or a weak spot.

Bulges

Protrusions or outward expansions in a surface or structure, often caused by pressure from within.

Clinical Depression

A medical condition characterized by persistent feelings of sadness, hopelessness, and lack of interest, significantly affecting daily functioning.