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Principles of Marketing MCQs – Practice Test 2 (Chapter 14)

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Personal Selling & Sales Promotion MCQ – Practice Test 2 PDF Download

MCQ 6: The pricing strategy whose steps are setup between different lines of product offered by same organization is called:

  1. optional pricing
  2. product line pricing
  3. competitive pricing
  4. captive pricing

MCQ 7: The type of product development which is systematic, holistic and not compartmentalized is said to be:

  1. customer centered product development
  2. team based product development
  3. systematic product development
  4. concentration based development

MCQ 8: The issues in pricing strategies includes:

  1. predatory pricing
  2. price fixing
  3. deceptive pricing
  4. all of above

MCQ 9: The geographical pricing strategy in which seller bears whole or portion of freight is classified as:

  1. flexible pricing
  2. uniform pricing
  3. basing point pricing
  4. freight absorption costing

MCQ 10: The pricing strategy which combines prices of two or more products in a combo pack is classified as:

  1. segmented pricing
  2. discount pricing
  3. allowance pricing
  4. product bundle pricing

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