Setting Price MCQs Quiz Online PDF Download

Learn setting price MCQs, marketing management test for online courses learning and test prep to practice. Developing pricing strategies quiz has multiple choice questions (MCQ), setting price quiz questions and answers to learn for BBA entrance exam's preparation.

Marketing management practice test MCQ on first step in procedure of setting price is to with options analyzing prices of competitor's, estimating costs, determining demand and select pricing objective problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning setting price quiz with MCQs to practice test questions with answers.

MCQs on Setting Price Quiz 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


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


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


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


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