The ________ strategy is used for profit maximization.

Question

Quizplus · Accepted Answer

The Target Return on Investment (ROI) strategy involves setting prices with the aim of achieving a particular return on investment. This means the company would attempt to price its products or services in such a way to ensure it covers its costs, operating expenses, taxes, and gains a profit margin. This strategy allows the company to earn maximum profits while ensuring that it meets its financial objectives.

The ________ Strategy Is Used for Profit Maximization