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Chapter 12 Assignment: Creating and Pricing Products That Satisfy Customers Eisofzas ( E Total points: SIZE Attempts left: 2 In operating his restaurantjian is satised with both the prot his restaurant earns and its market share.Jian has adopted a pricing strategy that simply matches the competition. Which of the following pricing strategies doesjian utilize? Statusqua pricing Survival Prot maximization Target return on investment Next Chapter 12 Assignment: Creating and Pricing Products That Satisfy Customers = 16 of 25 Total points: 8/25 Attempts left: 2 Vanyajust purchased a new Ford Bronco sport utility vehicle for $49,975. Va nya is pleased with her purchase [she is a huge \"off-road\" enthusiast}, but she is not very happy about the monthly payments she will be making for the Bronco. Which of the following is incorrect regarding the allocation function of pricing? Pricing helps customers allocate their own financial resources among various want-satisfying products. Pricing allocates goods and services among those who are willing and able to buythem. Pricing allocates goods and services in an optimal way that ensures equitable outcomes for all involved in the sales transaction. Pricing allocates nancial resources among producers according to how well they satisfy customers' needs. Chapter 12 Assignment: Creating and Pricing Products That Satisfy Customers : 25 0125 ( Total points: SIZE Attempts left: 2 As a loading dock supervisor, Oban has dealt with the \"transfer pricing" term occasionally. Which of the following is correct regarding transfer pricing? The price is determined regardless of the costs associated with the product. The price is determined by calculating the demand for the product, An organization must ensure that it is fair to all units involved in the purchases. It occurs when an organization sells a product to a state or the federal government. Chapter '|2 Assignment: Creating and Pricing Products That Satisfy Customers 514-0115 Total points: SIZE Attempts left: 2 During her last class lecture for Introduction to Business, Ramia's professor emphasized that before setting prices for a rm's products, marketers must establish pricing objectives that are aligned with organizational and marketing objectives. Which of the following is not a recognized pricing objective? Profit maximization Commercial impracticability Target return on investment Survival