Two competing gas stations in a small town almost always have the same price for gasoline. If one gas station raises or lowers the price of a gallon of gas, the other station quickly follows suit. Which pricing objective does this illustrate

The correct option is (e). Maintaining status quo

Explanation:

The status quo pricing refers the pricing where the similar level of prices are maintained that charged by the competitive firm to the customers. It is also known as the competitive pricing

As per the given scenario if one gas station increase or decrease its gallon prices the other station do the same

So this represents the maintaining status quo

hence, the correct option is (e) maintaining status quo

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

turnover

the amount of money taken by a business in a particular period.