Target profit pricing refers to
A)adjusting the price of a product so it is "in line" with that of its largest competitor.
B)setting the price of a line of products at a number of different price points.
C)adding a fixed percentage to the cost of all items in a specific product class.
D)setting prices to achieve a profit that is a specified percentage of production costs.
E)setting an annual target of a specific dollar volume of profit.

Question

Quizplus · Accepted Answer

The Answer of Target profit pricing refers to
A)adjusting the price of a product so it is "in line" with that of its largest competitor.
B)setting the price of a line of products at a number of different price points.
C)adding a fixed percentage to the cost of all items in a specific product class.
D)setting prices to achieve a profit that is a specified percentage of production costs.
E)setting an annual target of a specific dollar volume of profit.

Target Profit Pricing Refers to