Which Type of Pricing Objective Does a Company Using Market

question 105

Multiple Choice

Which type of pricing objective does a company using market share pricing have?

• A)profit oriented
• B)sales oriented
• C)demand oriented
• D)supply oriented

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Definitions:

Budgeted Cost

An estimated amount set aside for expenditures in the budgeting process, serving as a financial guideline for spending.

Raw Material Purchases

The acquisition of basic materials that are either consumed in the production process or included as part of the finished goods.

Expected Cash Collections

The projected amount of money a company anticipates receiving from customers over a specific period, based on sales and credit terms.

Budgeted Sales

The projected amount of sales revenue a company expects to achieve during a specific period, often part of financial planning.