A company must choose an appropriate corporate-level strategy after selecting the pricing option (lowest, average, or premium price) that will allow it to maximize profitability.

Question

Quizplus · Accepted Answer

The selection of a pricing option is one component of a corporate-level strategy, but it is not the only factor in maximizing profitability. Other factors to consider include target market, product differentiation, distribution channels, and resource allocation. Therefore, a company must consider various components of a corporate-level strategy in conjunction with pricing to maximize profitability.

A Company Must Choose an Appropriate Corporate-Level Strategy After Selecting