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A firm that keeps their prices consistent with the competition's pricing best demonstrates which type of...

A firm that keeps their prices consistent with the competition's pricing best demonstrates which type of pricing objective?

Sales-oriented

Profit-oriented

Competitor-oriented

Status quo
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Answer #1

Competitor-oriented: Competitor oriented focuses mainly on copping with competitive environment existing on the market. Sales oriented objectives focus on maximizing the market share. Profit oriented objectives focus on maximizing the profit by selling most profitable products and Status quo focus on continuing the existing price or following the price which is prevailing in the market

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