Setting Price MCQs Quiz Online PDF Download

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MCQs on Setting PriceQuiz PDF Download

MCQ: First step in procedure of setting price is to

  1. analyzing prices of competitor's
  2. estimating costs
  3. determining demand
  4. select pricing objective

D

MCQ: Maximum current profit, market skimming, product quality leadership and market share are considered as techniques of

  1. determining demand
  2. select pricing objective
  3. analyzing prices of competitor's
  4. estimating costs

B

MCQ: Pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as

  1. push pricing strategy
  2. market penetration pricing
  3. market skimming pricing
  4. quality leadership pricing

C

MCQ: Pricing objective of company who is plagued with intense competition and overcapacity is

  1. maximum market skimming
  2. maximum market share
  3. maximum current profit
  4. survival

D

MCQ: Pricing strategy uses by companies, operating in price sensitive market is classified as

  1. market penetration pricing
  2. market skimming pricing
  3. quality leadership pricing
  4. push pricing strategy

A