Which of the following statements is most likely to be made by a manager with a status quo pricing objective?
A)"A price of $10.00 will penetrate the market."
B)"A price of $10.00 will not start a price war with our competitors."
C)"A price of $10.00 should maximize profits."
D)"A price of $10.00 will provide a 30 percent return on investment."
E)"A price of $10.00 should result in a 9 percent increase in sales."

Question

Quizplus · Accepted Answer

Managers that adopt status quo objectives may say that they want to stabilize prices,or meet competition,or even avoid competition.

Which of the Following Statements Is Most Likely to Be