209k views
1 vote
By focusing on target profit pricing or target return pricing, a firm is using a ________ pricing approach. Multiple choice question. cost-oriented competitor-oriented profit-oriented demand-oriented

User Chris Bao
by
9.0k points

1 Answer

4 votes

Answer: target return on investment

Explanation:Target return is calculated as the money invested in a venture, plus the profit that the investor wants to see in return, adjusted for the time value of money (TVM). As a return-on-investment (ROI) method, target return pricing requires an investor to work backward to reach a current price.

User Beeftendon
by
8.0k points