Three different objectives relate to a firm's profit, each of which have different implications for pricing strategy. One of these is
A) accumulating profits.
B) reinvesting profits.
C) redistributing profits.
D) maximizing gross margin.
E) achieving a target return.

Question

Quizplus · Accepted Answer

Achieving a target return is a specific profit objective that involves setting prices to ensure a certain level of profitability, often expressed as a percentage of sales or investment.

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