When pricing any new product, the owner should try to accomplish three objectives: 1)get the product accepted; 2)maintain market share; and 3)earn a profit.

Name: When pricing any new product, the owner should try to accomplish three objectives: 1)get the product accepted; 2)maintain market share; and 3)earn a profit.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Pricing a new product should aim to get the product accepted in the market, maintain market share, and earn a profit.

When Pricing Any New Product, the Owner Should Try to Accomplish