A Firm That Is Very Concerned About Increases in Market

question 39

Multiple Choice

A firm that is very concerned about increases in market share should adopt a ______________ pricing objective.

• A) profit-oriented
• B) sales-oriented
• C) nonprice competition
• D) status quo
• E) target return

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Definitions:

Nondisclosure Agreement

A legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties.

Copyright Violation

The infringement of copyright, which occurs when someone uses copyrighted material without permission in a way that violates one or more of the rights granted to the copyright holder.

Provisional Patent

A temporary patent filing that allows an inventor to quickly secure a filing date for their invention while they prepare to submit a full patent application.

Funding

The act of providing financial resources to finance a need, program, or project.