Author Question: How are pricing objectives similar to a corporation's overall goals? How are they ... (Read 75 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
How are pricing objectives similar to a corporation's overall goals? How are they different?

Question 2

_____ is an example of a trade name and _____ is a brand name owned by that company.
 A) The McDonald's Corporation; the Golden Arches
  B) Chevy; Silverado
  C) Ford Motor Company; Escape
  D) Nike, Inc.; Swoosh
  E) Kleenex; tissues



C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

Developing pricing objectives is an important task because they form the basis for decisions for other stages of the pricing process. Thus, pricing objectives must be stated explicitly and in measurable terms, and should include a time frame for accomplishing them.
Marketers must ensure that pricing objectives are consistent with the firm's marketing and overall goals because pricing objectives influence decisions in many functional areas of a business, including finance, accounting, and production. A marketer can use both short- and long-term goals and can employ one or multiple pricing objectives.

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library