At the end of the summer,Howard Nursery reduced the price on all of its plants,fertilizer,and potting soil by 50 percent in order to liquidate this inventory.What type of pricing strategy is being used in this example?
A) supply oriented
B) sales maximization
C) target return on investment
D) satisfactory profit
E) profit maximization

Question

Quizplus · Accepted Answer

Sales maximization ignores profit and competition for the purpose of raising cash.

At the End of the Summer,Howard Nursery Reduced the Price