Target Return-On-Investment Pricing Refers to

question 110

Multiple Choice

Target return-on-investment pricing refers to

• A)setting the price of a line of products at a number of different price points.
• B)adding a fixed percentage to the cost of all items in a specific product class.
• C)setting prices to achieve a profit that is a specified percentage of the sales volume.
• D)setting a price to achieve an annual target return-on-investment (ROI).
• E)setting a price oriented on an annual specific dollar target volume of profit.

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Definitions:

William Penn

William Penn was an English Quaker leader and advocate of religious freedom who founded the Province of Pennsylvania, the British North American colony that became the U.S. state of Pennsylvania.

Delaware Indians

A Native American tribe, also known as the Lenape, originally from the Delaware River area, who played significant roles in early American history.

Philadelphia

A city in Pennsylvania, significant for its historical role in the founding of the United States.

Dominion of New England

A short-lived administrative union of English colonies in the New England region of North America from 1686 to 1689, imposed by the British government to tighten control.