Relative Prices Multiple Choice Questions with Answers – PDF Download

MCQ 1: The pricing technique which considers pricing for customers living in different locations around the world is classified as:

1. cyclical pricing
2. short term pricing
3. promotional pricing
4. geographical pricing

MCQ 2: The two broad strategies for new products are:

1. market skimming pricing
2. market penetration pricing
3. product line pricing
4. both a and b

MCQ 3: The kind of allowances that are made to reward dealers for participating in support programs and other advertising campaigns are called:

1. optional product allowances
2. seasonal allowances
3. functional allowances
4. promotional allowances

MCQ 4: The pricing strategies related to product mix consists of:

1. product bundle pricing
2. by-product pricing
3. captive product pricing
4. all of above

MCQ 5: The price adjustment strategies includes:

1. discount pricing
2. promotional pricing
3. dynamic pricing
4. all of above