The usual pricing strategy implemented by firms when they have a particular gain goal as their overriding concern is the:
A)market penetration strategy.
B)target return pricing strategy.
C)improvement value strategy.
D)competitive parity strategy.
E)target profit pricing strategy.

Question

Quizplus · Accepted Answer

The target profit pricing strategy is specifically designed for firms that have a particular profit goal as their main concern. This strategy involves setting prices with the aim of achieving a desired profit level.

The Usual Pricing Strategy Implemented by Firms When They Have