Pricing Capturing Customer Value Multiple Choice Questions and Answers 1 PDF Download

Learn pricing capturing customer value multiple choice questions, online BBA principles of marketing test 1 for e-learning business degree, online marketing courses. Practice logistics functions multiple choice questions (MCQs), pricing capturing customer value quiz questions and answers. Learn logistics functions, customer value based pricing, what is price GMAT test for online bachelor of business administration courses distance learning.

Study pricing capturing customer value quiz with multiple choice question (MCQs): if customers perceive that price of product is greater than value it provides to customer then customer, for bachelor of business administration and masters in marketing degree courses with choices would get discount, would get free products, would buy product, would not buy product for online business administrator interview questions and answers with BBA, MBA competitive exam tests. Practice skills assessment test to learn online logistics functions quiz questions with principles of marketing MCQs to prepare entrance exam for admission in MBA program.

MCQ on Pricing Capturing Customer Value Test 1Quiz PDF Download

MCQ: If customers perceive that price of product is greater than value it provides to customer then customer

  1. would get free products
  2. would get discount
  3. would buy product
  4. would not buy product

D

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: Value that customers give up to get benefits of products or services is classified as

  1. discount
  2. value added tax
  3. price
  4. tax

C