Hector is opening an appliance store. He has estimated a monthly profit goal based on his anticipated expenses and earning goals and uses it to set product prices. Hector is implementing a ________ pricing strategy.
A. competitor-based
B. penetration
C. target return on investment (ROI)
D. value
E. price skimming
Answer: C
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A. infographic B. marketing mix C. marketing niche D. demographic study
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Money damages are the usual remedy for a breach of contract
Indicate whether the statement is true or false