In Target Pricing,the Target Price Is the ________

question 74

Multiple Choice

In target pricing,the target price is the ________.

• A)total product cost incurred in producing a product
• B)net profit desired by the company
• C)amount customers are willing to pay for a product or service
• D)price calculated by deducting the desired profit from the total production cost

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Academic Achievement

Refers to the level of schooling you have successfully completed and the ability to attain success in your studies.

Assessment

The systematic evaluation or measurement of an individual's abilities, characteristics, or performance.

Appraisal

The evaluation or assessment of something's value, quality, or condition, often conducted by a professional.