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The marketing manager of icruise.com (a website targeted to consumers who want a luxury vacation) finds that the firm can gain market share and become
The marketing manager of icruise.com (a website targeted to consumers who want a luxury vacation) finds that the firm can gain market share and become the industry leader if it cuts prices by 50 percent during December. However, the vice-president of finance is committed to reporting a 25 percent return on investment at all times. What does this conflict illustrate? Select one: a. the need for trade-offs in pricing objectives b. a need to eliminate low-profit products c. how target markets can be ignored d. how pricing operates in a mature marketplace
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