Selling and Sales Promotion MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Selling and Sales Promotion, 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 Selling and Sales Promotion 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 Selling and Sales Promotion mcq questions that explore various aspects of Selling and Sales Promotion problems. Each MCQ is crafted to challenge your understanding of Selling and Sales Promotion 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 Selling and Sales Promotion 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 Selling and Sales Promotion. 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 Selling and Sales Promotion knowledge to the test? Let's get started with our carefully curated MCQs!

Selling and Sales Promotion MCQs | Page 3 of 4

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Discuss
Answer: (d).determine cost of product
Q22.
Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as
Discuss
Answer: (a).price fixing
Q23.
The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as
Discuss
Answer: (a).crowdsourcing
Q24.
In the 'growth stage of product life cycle' the cost per customer is
Discuss
Answer: (c).average
Q25.
The product life cycle (PLC) stages includes
Discuss
Answer: (d).all of above
Q26.
The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as
Discuss
Answer: (a).segmented pricing
Q27.
The pricing strategy for new product through which revenues are collected from segments willing to pay higher prices is classified as
Discuss
Answer: (a).market skimming pricing
Q28.
The value that customers give up to get the benefits of products or services is classified as
Discuss
Answer: (c).price
Q29.
For developing new products, the company must know its
Discuss
Answer: (d).all of above
Discuss
Answer: (b).convince buyer about products value
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