If a company's business plan states that prices were established to achieve a net profit of 5% of sales, this is an example of a pricing

Name: If a company's business plan states that prices were established to achieve a net profit of 5% of sales, this is an example of a pricing
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement reflects a pricing objective, as it indicates the company's goal to achieve a specific net profit margin through its pricing strategy.

If a Company's Business Plan States That Prices Were Established