When assigning prices to things, one objective is to achieve a target return on investment. What is the goal of this objective?
A) to create prestige
B) to make products more affordable to certain people
C) to attract customers
D) to match or beat the competition
E) to make a profit
Answer: E
Explanation: E) Achieving a target return on investment is simply fancy language for making a profit, a specified yield on the investment.
Business
You might also like to view...
What round of GATT negotiations provide enhanced protection for intellectual property and significantly reduce barriers on trade in textiles?
What will be an ideal response?
Business
In the life coach case study, Kaggle recently hosted a competition aimed at identifying muscle motions that may be used to predict the progression of Alzheimer's disease
Indicate whether the statement is true or false
Business