HSV Electronics Ltd

question 23

Multiple Choice

HSV Electronics Ltd.manufactures computers,laptops,digital cameras,and several other electronic products.It standardizes marketing activities when there are cultural similarities and adapts them when the cultures are different.The electronic giant has established worldwide product divisions,each responsible for selling its own products throughout the world.This implies that the electronic firm applies a _____ strategy.

Definitions:

Maximizing Current Profit

A business strategy that focuses on generating the highest possible profit in the short term, sometimes at the expense of long-term viability.

Pricing Objective

The financial and marketing goals a company aims to achieve through its pricing strategies.

Profit Goal

A profit goal is a target set by a business for the net income it aims to achieve within a specific period, often driving strategy and decision-making.

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.