Question

According to the pricing objectives outlined in the text and your understanding of the​ video, what type of pricing decision is being utilized by​ Smashburger?

Answer 1

The appropriate solution will be "Profit maximizing".

Explanation:

• Maximization of profit seems to be the capability of such a corporation or organization to gain low-cost optimal profit, which would be perceived to be the main aim of any enterprise and is one of the management accounting targets.
• Benefit maximization, as per financial accounting, is the strategy or mechanism that raises the company's profit or profits per share.