Three objectives of new product pricing are:
A)get the product accepted,maintain market share as competition grows,and earn a profit.
B)get the product accepted,avoid price wars,and earn a profit.
C)maintain market share as competition grows,earn profits,and increase sales.
D)None of the above

Question

Quizplus · Accepted Answer

The three objectives of new product pricing are to get the product accepted, maintain market share as competition grows, and earn a profit. Option A encompasses all three of these objectives. Option B only addresses price wars, which may not always be a concern, and option C does not mention getting the product accepted, which is crucial for the success of a new product. Therefore, A is the best choice.

Three Objectives of New Product Pricing Are