After estimating the demand and costs associated with alternative prices, a company has chosen to price its product in such a way that it gains the highest rate of return on its investment. The company is looking to ________

A) maximize its market share
B) skim the market
C) become a product-quality leader
D) survive in the market
E) maximize its current profit


E

Business

You might also like to view...

Which of the following is a stage in the product life cycle (PLC)?

A) design B) development C) growth D) maintenance

Business

Coalitions must be permanent, large, and public to be effective.

Answer the following statement true (T) or false (F)

Business

Franchisors generally receive revenues from franchisees from all of the following except _____

a. initial franchise fee b. quality control fee c. percent of gross sales royalty fee d. sale of goods and services to franchisee

Business

Winn-Dixie, a southeastern grocery store chain, has signs saying that tips are not accepted and employees are all informed of this policy. However, many of the baggers commonly accept tips from customers anyway and they often compare to see who makes the most. The factor affecting the ethical behavior of Winn-Dixie's employees is

A. individual. B. social. C. opportunity. D. demographic. E. internal code.

Business