Which of the following is a status quo pricing objective?
A) Growth in sales
B) Maximize profits
C) Growth in market share
D) Satisfactory profits
E) Meeting competition

Name: Which of the following is a status quo pricing objective? A) Growth in sales B) Maximize profits C) Growth in market share D) Satisfactory profits E) Meeting competition
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Meeting competition is a status quo pricing objective as it aims to maintain current market conditions and avoid price wars by aligning prices with competitors.

Which of the Following Is a Status Quo Pricing Objective