Tag: pricing strategies

Questions Related to pricing strategies

Consider the following

    1. Pricing objective
    2. Pricing methods
    3. Pricing strategies
    4. Pricing decision
    Arrange them in correct sequence

    commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

    1. (1), (3), (2), (4)

    2. (1), (4), (3), (2)

    3. (2), (1), (4), (3)

    4. (4), (2), (3), (1)

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    Correct Option: A

    Consider the following

      1. Changes in quality
      2. Changes in compositions
      3. Tastes and preferences
      4. Price differences
      Which of the above impose limitations in the use of price indices to measure the terms o

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. 1 and 2

      2. 2 and 3

      3. 1, 2 and 3

      4. 1, 2 and 4

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      Correct Option: D

      Tender Price means _______________.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. Quotation Price

      2. Probable Sale Price

      3. Price informed to the customer

      4. All of the above

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      Correct Option: D

      Securities with less predictable prices and have longer maturity time is considered as ______________.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. cash equivalents

      2. long-term investments

      3. inventories

      4. short-term investments

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      Correct Option: D

      If actual selling price is 500,actual result is 500,actual result is 250 and actual units sold are 350, then selling price variance will be _____________.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. $87, 500

      2. $97, 500

      3. $67, 500

      4. $57, 500

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      Correct Option: A

      The exchange value of a good or service in terms of money is?

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. Cost

      2. Price

      3. Profit

      4. Sales

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      Correct Option: B

      Pricing policies may be classified into.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. Target rate of return

      2. Stability in prices

      3. Maximising profit

      4. Minimising cost

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      Correct Option: D

      Which of the following is not a geographic pricing?

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. FOB pricing

      2. Zone pricing

      3. Basic point pricing

      4. Dual pricing

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      Correct Option: D

      Price ling is closely related to.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. Psychological prices

      2. Customary prices

      3. Prestige prices

      4. Both (A) and (B)

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      Correct Option: D

      Administered pricing applies to the practice of pricing on the basis of.

      commercial applications marketing mix - 4 p's meaning and objectives of pricing pricing strategies pricing

      1. Cost

      2. Competitive pressure

      3. The law of supply and demand

      4. The policy decisions of the sellers

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      Correct Option: D