The Usual Pricing Strategy Implemented by Firms When They Have

question 36

Multiple Choice

The usual pricing strategy implemented by firms when they have a particular gain goal as their overriding concern is the:

• A)market penetration strategy.
• B)target return pricing strategy.
• C)improvement value strategy.
• D)competitive parity strategy.
• E)target profit pricing strategy.

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Definitions:

Expenditures

Outflows of money or other valuable assets that are paid or incurred as a result of acquiring goods or services.

Acquisition Cost

The total cost that a company recognizes for bringing an asset into its possession, including purchase price, installation charges, and other necessary expenditures.

Salvage Value

The anticipated salvage value assigned to an asset after its period of use concludes.

Double-Declining-Balance

A method of accelerated depreciation that doubles the straight-line depreciation rate.