Price Change Multiple Choice Questions with Answers – PDF Download

MCQ 1: The price cutting technique leads to various possible traps including:

1. price-war traps
2. shallow-pockets traps
3. low-quality traps
4. all of above

MCQ 2: The pricing value of the product which is based on image of buyers about customer support, warranty and support is classified as:

1. target profit pricing
2. break-even pricing
3. perceived value pricing
4. target return pricing

MCQ 3: The price cut technique which results in increasing market share but less loyal customers in market is classified as:

1. low-quality trap
2. fragile-market-share trap
3. shallow-pockets trap
4. price-war traps

MCQ 4: The problem arises in price cut when the customer's assume that quality of product has become poor is called:

1. low-quality trap
2. fragile-market-share trap
3. shallow-pockets trap
4. price-war traps