Pricing Strategy MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Pricing Strategy, a fundamental topic in the field of Marketing and Marketing Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Pricing Strategy MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Pricing Strategy mcq questions that explore various aspects of Pricing Strategy problems. Each MCQ is crafted to challenge your understanding of Pricing Strategy principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Marketing and Marketing Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Pricing Strategy MCQs are your pathway to success in mastering this essential Marketing and Marketing Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Pricing Strategy. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Pricing Strategy knowledge to the test? Let's get started with our carefully curated MCQs!

Pricing Strategy MCQs | Page 6 of 24

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Q51.
The desired return is subtracted from 1 and is divided by unit cost to calculate
Discuss
Answer: (d).markup price
Q52.
If the unit cost is $25 and the desired return on sales is 60% then the markup price is
Discuss
Answer: (a).$62.50
Q53.
Considering auction-type pricing, the techniques are involved like
Discuss
Answer: (d).all of the above
Q54.
The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as
Discuss
Answer: (b).first-degree price discrimination
Q55.
The type of trading in which buyers and sellers exchange goods in place of payments is classified as
Discuss
Answer: (c).countertrade
Q56.
The reduction of price awarded to the customers who pay their bills promptly is classified as
Discuss
Answer: (b).discount
Q57.
The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as
Discuss
Answer: (c).market skimming pricing
Q58.
The factor which does not lead in product price increasing is
Discuss
Answer: (d).predatory pricing
Q59.
The extra payment awarded to resellers for their participation in special programs is classified as
Discuss
Answer: (a).allowance
Q60.
The price reduction is awarded to buyers who buy services and goods in off-season is classified as
Discuss
Answer: (d).seasonal discount