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2 years ago

________ is not one of the common pricing objectives

Business

1 answer:

guajiro [1.7K]2 years ago

5 0

Return of Saving is not one of the common pricing objectives.

The majority of businesses aim to achieve a reasonable rate of return on investment.

⇒a set proportion of sales,

⇒returns on investment, or

⇒a set quantity of rupees.

The business designs its pricing strategies and policies such that sales income finally produces an average return on total investment.

For instance, a corporation seeks to get a 20% return on its $3 crore total investment. It needs to establish the product's price so that it can make 60 lakh rupees.

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