Principles of Marketing MCQs - Chapter 14

Personal Selling and Sales Promotion Quiz Questions and Answers PDF - 7

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The Quiz: According to PLC stage, when a newly developed product satisfies the market then the stage it enters called; "Personal Selling and Sales Promotion" App Download iOS & Android (Free) with answers lately buying stage, growth stage, segmenting stage and targeting stage to study online training courses. Study personal selling process quiz questions, download Amazon eBook (Free Sample) for online bachelor's degree in business management.

Personal Selling & Sales Promotion Questions & Answers PDF Download: MCQ Quiz 7

MCQ 31: According to PLC stage, when a newly developed product satisfies the market then the stage it enters called

growth stage
lately buying stage
segmenting stage
targeting stage

MCQ 32: The pricing strategy in which prices are adjusted for psychological effect is classified as

segmented pricing
psychological pricing
promotional pricing
geographical pricing

MCQ 33: The fourth step of value based pricing is to

determine incurred costs
design product
assess needs of customer
set target price

MCQ 34: The set price limit from which no more demand is accepted is classified as

cost ceiling
cost floor
price ceiling
price floor

MCQ 35: The pricing strategy which considers setting the price after designing marketing program is classified as

value based pricing
cost based pricing
discount based pricing
ceiling based pricing

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