Question

When Fran took over her parents’ successful industrial manufacturing business, she spent a lot time researching the market to determine if she could justify increasing the price of some of the most popular products. Ultimately, she adopted a pricing strategy that resulted in no price changes. Which pricing strategy did she MOST likely choose?

(1 point)
Responses

market share

market share

sales

sales

profits

profits

status quo

Answer 1

status quo