Customer Value Based Pricing MCQs Quiz Online PDF Download

Learn customer value based pricing MCQs, marketing principles test for learning online courses and test prep to practice. Pricing: capturing customer value quiz has multiple choice questions (MCQ), customer value based pricing quiz questions and answers, what is price, customer value based pricing tutorials for online BBA degree courses distance learning.

Principles of marketing practice test MCQ: first step of value based pricing is to with choices assess needs of customer, set target price , determine incurred costs and design product problem solving skills for summative and formative assessment, competitive exam prep, interview questions with answer key. Free study guide is for online learning customer value based pricing quiz with MCQs to practice test questions with answers.

MCQs on Customer Value Based Pricing Quiz PDF Download

MCQ. First step of value based pricing is to

  1. assess needs of customer
  2. set target price
  3. determine incurred costs
  4. design product

A

MCQ. First step of cost based pricing strategy is to

  1. design a product
  2. determine cost of product
  3. set price based on cost
  4. convince buyer about products value

A

MCQ. Second step in cost based pricing is to

  1. set price based on cost
  2. convince buyer about products value
  3. design a product
  4. determine cost of product

D

MCQ. Last step of cost based pricing is to

  1. set price based on cost
  2. convince buyer about products value
  3. design a product
  4. determine cost of product

B

MCQ. Set price limit from which no more demand is accepted is classified as

  1. cost ceiling
  2. cost floor
  3. price ceiling
  4. price floor

C