Which of the Following Is a Profit-Oriented Pricing Objective

question 72

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:

Productivity Variable

A factor that affects the efficiency and output rate of the production process or workforce.

Globalization

The method through which companies or various groups gain international impact or begin to function globally.

Industrialization

The process of developing industries in a country or region on a wide scale, typically characterized by a shift from agrarian to manufacturing and service-based economies.

Marketing

The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.