As a short-term pricing objective,which of the following can be effectively used on a temporary basis to sell off excessive inventory?
A) profit-oriented pricing
B) market share pricing
C) profit maximization
D) sales maximization

Question

Quizplus · Accepted Answer

Sales maximization can be used on a temporary basis to sell off excessive inventory because the main objective is to generate revenue and increase sales volume, regardless of the profit margin. This can be effective in the short term to liquidate excess inventory and avoid long-term storage costs. Profit-oriented pricing and profit maximization are focused on maximizing profit margins, which may not be the primary objective in the short term. Market share pricing is focused on gaining market share and may not be the most effective strategy for selling off excess inventory.

As a Short-Term Pricing Objective,which of the Following Can Be