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laiz [17]
3 years ago
12

A _______ strategy involves accurately measuring all the factors needed to predict sales and profits at various price levels, so

that the price level that produces the highest return can be chosen.
a. sales orientation
b. target profit
c. target return
d. status quo
e. maximizing profits
Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

The correct answer is E

Explanation:

Maximizing profits is the strategy, in which the firm or organization maximizes the profit through operating where the MR (Marginal revenue) equals to the MC (Marginal cost).

In this all the measuring factors are required in order to predict or forecast the profits and the sales at the different level of price, so the level of price could generate the highest return to the firm.

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Option D

<u>Explanation: </u>

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<span>He is using the foot in the door technique. This is when you ask for small things and ingratiate yourself to a person in order to make way for larger things that the person would not ordinarily do. You ask for something small, and then that makes them more likely to give you something larger when you ask.</span>
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