Many years ago Honda's Accord and Ford's Taurus were the top two selling cars in the United States. As the year was coming to an end, Ford cut the price of their Taurus model hoping to outsell the Accord and allow Ford to claim "Taurus is the best-selling car in America." Ford was using a orientation pricing strategy.

A. maximizing profits
B. target profit.
C. sales.
D. status quo.
E. target return

Sales.

Explanation:

Pricing strategy can be defined as an approach utilized by different organizations to get the best price for a particular product or service.

Pricing strategy helps the organisation to create prices so as to maximise their profits. It could be influenced by factors such as latest economic trends, the demand of the consumers.

Sales orientation pricing strategy describes the different ways in which marketers persuade potential customers to purchase their products rather than understanding the different needs of their customers.

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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