Which of the Following Is a Profit-Oriented Pricing Objective

question 281

Multiple Choice

Which of the following is a profit-oriented pricing objective?

• A)meeting competition
• B)sales growth
• C)target return
• D)nonprice competition
• E)growth in market share

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Definitions:

Orderly Transfer

A well-organized and systematic process of passing authority, responsibility, or information from one entity to another.

Goods And Services

Products and activities provided in the marketplace that satisfy consumer needs and wants.

Seller To Buyer

The transfer of products, services, or assets from the seller to the buyer in a market transaction.

Ownership Utility

Orderly transfer of goods and services from the seller to the buyer; also called possession utility.