Question

1. AI Root company serves several customer markets. They include which of the following?

retail stores
the liturgical and consumer markets
the consumer market
the liturgical market
all of these

2. AI Root company follows which type of approach towards pricing?

customer oriented
value oriented
status quo oriented
the liturgical and consumer markets
profit oriented

3. Based on the videos discussion of earning fair or satisfactory profits, the AI Root Company seem to be setting its pricing objectives using whichbif the following methods?

growth in unit or dollar sales
meeting competition
non price competition
profit maximization
target return

Answer 1

Question - (1)

Answer -

Particulars	Explanation
Option - (E), all of these, is Correct.	AI Root company serves several customer markets. They include retail stores, the liturgical and consumer markets, the consumer market, the liturgical market.

.

Question - (2)

Answer -

Particulars	Explanation
Option - (B), value oriented, is Correct.	AI Root company follows value oriented approach towards pricing.

.

Question - (3)

Answer -

Particulars	Explanation
Option - (E), target return, is Correct.	Based on the videos discussion of earning fair or satisfactory profits, the AI Root Company seem to be setting its pricing objectives using target return.