Target Profit Pricing Refers to

question 68

Multiple Choice

Target profit pricing refers to

• A) adjusting the price of a product so it is "in line" with that of its largest competitor.
• B) setting an annual target of a specific dollar volume of profit.
• C) setting the price of a line of products at a number of different price points.
• D) adding a fixed percentage to the cost of all items in a specific product class.
• E) setting prices to achieve a profit that is a specified percentage of production costs.

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Definitions:

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