Asked by
Drake Taylor
on Nov 20, 2024Verified
Blaire tells her sales representatives the goal is to generate at least a 15 percent return on investment for all the computer desks they sell. Blaire is using a ________ pricing strategy.
A) sales orientation
B) target profit
C) target return
D) status quo
E) competitive parity
Target Return
The desired profit or yield that an investor aims to achieve on an investment over a specific period.
Pricing Strategy
A plan or approach used by businesses to set prices for their products or services, aiming to achieve maximum profitability.
- Comprehend the link between strategies for pricing and the objectives of profitability.
Verified Answer
LC
Learning Objectives
- Comprehend the link between strategies for pricing and the objectives of profitability.