Managing for Long-Run Profits as a Pricing Objective Implies That

question 362

Multiple Choice

Managing for long-run profits as a pricing objective implies that a company will

• A)give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
• B)maintain a given price range to ensure there is no loss of customers over time, even if the profit margin declines.
• C)invest excess cash in bonds and certificates of deposit in order to counteract any inflationary economic changes in the future.
• D)reinvest all profits into market or product research rather than returned to shareholders.
• E)drop all products, product lines, or divisions that cannot maintain their pricing goals.

---

Definitions:

New Employee

An individual who has recently begun working for an organization and may require orientation, training, and time to adapt to their new role.

Orientation

The process of introducing new employees to their job, workplace, and the organization's culture and policies.

Health And Safety Laws

Regulations and standards designed to ensure workplace safety and prevent injury or illness for employees across various industries.

Clinical Depression

A medical condition characterized by severe and persistent feelings of sadness, hopelessness, and a lack of interest in activities, often affecting one's daily functioning.