Multiple Choice
Stone Restaurant,a newly opened restaurant,was unable to attract a lot of customers.Since the owner of the restaurant had to pay the loan amount that he had taken to start the restaurant,he decided to implement a strategy that would help him attract more customers.He offered about 20 percent discount on all the dishes on the menu on weekends.This strategy,he thought,would help him earn enough to be able to make the loan payment.In this case,the owner's pricing objective can be classified as:
A) market share maximization.
B) profit maximization.
C) asset maximization.
D) sales maximization.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: _ is a price tactic in which
Q28: Which of the following statements is true
Q58: When Lofonift Inc.introduced its flagship product,an MP3
Q62: Manufacturers find that their large customers such
Q65: During off-season,the Rues Hotel offers a 25
Q66: As products enter the growth stage of
Q66: Status quo pricing is a pricing objective
Q79: _ does not change as output is
Q85: Briefly explain how distribution strategy acts as
Q89: Which of the following statements is true