Which of the Following Statements Is Most Likely to Be

question 49

Multiple Choice

Which of the following statements is most likely to be made by a manager with a status quo pricing objective?

• A)"A price of $10.00 will penetrate the market."
• B)"A price of $10.00 will not start a price war with our competitors."
• C)"A price of $10.00 should maximize profits."
• D)"A price of $10.00 will provide a 30 percent return on investment."
• E)"A price of $10.00 should result in a 9 percent increase in sales."

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Definitions:

Interpret Information

The process of understanding, analyzing, and deriving meaning from data, texts, or symbols.

Personal Wellness

The pursuit of one’s full potential through a personal health-promotion program.

Job Burnout

A state of physical, emotional, or mental exhaustion combined with doubts about one's competence and the value of work.

Workplace Rage

Extreme anger or aggression exhibited by employees within the workplace, often as a result of stress, frustration, or perceived injustice.