What Type Pricing Objective for Service Firms Focuses on Maximizing

question 77

Multiple Choice

What type pricing objective for service firms focuses on maximizing the number of customers using a service?

• A)revenue oriented
• B)patronage oriented
• C)profitability oriented
• D)operations oriented

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Definitions:

Cashier's Checks

A check issued by a bank, drawn on its own funds and signed by a cashier, guaranteeing payment to the payee named on the check.

Issuing Banks

Financial institutions that provide cardholder services for credit, debit, or other payment cards, including the issuance of cards and management of the accounts associated with them.

Drawer's Signature

The signature of the person who writes a check or draft, legally binding the drawer to the terms of the document.

Re-Credit

The process of restoring funds to an account, typically after a return or correction of a billing error.