A Profit Maximization Pricing Objective

question 223

Multiple Choice

A profit maximization pricing objective

• A) is a sales-oriented pricing objective.
• B) does not always lead to high prices.
• C) can never be socially responsible.
• D) is often stated as percentage of market share.
• E) is a status quo oriented pricing objective.

---

Definitions:

Nägele's Rule

A standard way of estimating the due date for a pregnancy based on the date of a woman's last menstrual period, adding one year, subtracting three months, and adding seven days to that date.

Menstrual Period

The monthly shedding of the uterine lining in women and female mammals, accompanied by bleeding.

Estimation

The process of making an approximate calculation or judgment about a quantity or value, often without exact data.

Cervical Biopsy

A medical procedure in which a small section of tissue is removed from the cervix for examination under a microscope to detect abnormalities or disease.