Current profit Blank and target Blank are two strategies used by firms that are pursuing a profit pricing objective.

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05-07-2022
Business

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Current profit Blank and target Blank are two strategies used by firms that are pursuing a profit pricing objective.

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bharathparasad577 bharathparasad577 · Answer 1 · 2022-07-16T09:23:06-04:00

Current profit maximization and target return are two strategies used by firms that are pursuing a profit pricing objective.

A profit-oriented pricing objective means that a company tried to earn maximum profit with every sale or service provided, and achieve long term business profits.

Current profit maximisation is a price setting objective in which organisation set a price for a product that will give maximum profits, cash flow or return in short term without considering long term.

Target return pricing is a method where the firm determines the price on the basis of a target rate of return on the investment.

The two strategies that a firm use while pursuing a profit pricing objective is current profit maximization and target return pricing.

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