Which pricing objective .... 1) Is the most commonly used ? 2) Is the most difficult to achieve? 3) Has the greatest potential for long-term growth of the organization? PRICING OBJECTIVE Current Profit Maximization Market Share Leadership Product Quality Survival

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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SEATWORK #4: (Multiple Choice)
Which pricing objective ....
1) Is the most commonly used ?
(2) Is the most difficult to achieve?
3) Has the greatest potential for long-term growth of
the organization ?
4) Is most likely to be a pricing objective used by an e-
commerce-oriented company?
PRICING OBJECTIVE
Current Profit Maximization
Market Share Leadership
Product Quality
Survival
Transcribed Image Text:SEATWORK #4: (Multiple Choice) Which pricing objective .... 1) Is the most commonly used ? (2) Is the most difficult to achieve? 3) Has the greatest potential for long-term growth of the organization ? 4) Is most likely to be a pricing objective used by an e- commerce-oriented company? PRICING OBJECTIVE Current Profit Maximization Market Share Leadership Product Quality Survival
Pricing criteria based on company's objectives
SEATWORK #5
Objectives
1. Sales Volume
Turnover
2. Market
Dominance
3. Profit
Objective
Charge
Lower Price
Charge
Higher Price
DETERMINE AS TO
WHETHER IT IS AS
FOLLOW:
Fast or Slow
High or Low
Long-term or
Short-term
Transcribed Image Text:Pricing criteria based on company's objectives SEATWORK #5 Objectives 1. Sales Volume Turnover 2. Market Dominance 3. Profit Objective Charge Lower Price Charge Higher Price DETERMINE AS TO WHETHER IT IS AS FOLLOW: Fast or Slow High or Low Long-term or Short-term
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