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Principles of Marketing Competitive Exam MCQs – Practice Test 5 (Chapter 14)

Personal Selling and Sales Promotion MCQs with Answers PDF Download – Test 5

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Study Personal Selling and Sales Promotion Multiple Choice Questions (MCQs) with Answers PDF to build branding expertise. Download the Personal Selling and Sales Promotion MCQs PDF e-Book, Ch. 14-5 to study Principles of Marketing Course. Practice Sales Promotion MCQs, Personal Selling and Sales Promotion Notes questions and answers PDF for remote academic learning. Free Principles of Marketing Learning App: Download the Personal Selling and Sales Promotion MCQs App to study sales force management, personal selling process career test for distance education programs.

Download the Principles of Marketing Learning App (Free) with MCQ: "Second step in cost based pricing is to"; with answers: convince buyer about products value, set price based on cost, design a product, and determine cost of product. Solve What is a Product Quiz Questions, download Google e-Book (Free Chapter) to build branding expertise.

Personal Selling & Sales Promotion MCQs – Practice Test 5 PDF Download

MCQ 21: The second step in cost based pricing is to:

  1. set price based on cost
  2. convince buyer about products value
  3. design a product
  4. determine cost of product

MCQ 22: Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as:

  1. price fixing
  2. predatory pricing
  3. price maintenance
  4. discriminatory pricing

MCQ 23: The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as:

  1. crowdsourcing
  2. internal sourcing
  3. off sourcing
  4. off shoring

MCQ 24: In the 'growth stage of product life cycle' the cost per customer is:

  1. high
  2. low
  3. average
  4. moderate

MCQ 25: The product life cycle (PLC) stages includes:

  1. product development
  2. growth
  3. maturity and decline
  4. all of above

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