Three different objectives relate to a firm's profit, which have different implications for pricing strategy. The three profit-oriented objectives include __________, managing current profit, and achieving a target return.
A)accumulating profits
B)managing for long-run profits
C)reinvesting profits
D)redistributing profits
E)maximizing gross margin

Question

Quizplus · Accepted Answer

Managing for long-run profits focuses on strategies that may sacrifice short-term gains for sustainable profitability over time, aligning with profit-oriented objectives.

Three Different Objectives Relate to a Firm's Profit, Which Have