A. design a product
B. determine cost of product
C. set price based on cost
D. convince buyer about products value
Related Mcqs:
- The basing point pricing, uniform delivered pricing, zone pricing and freight absorption pricing are all types of?
A. promotional pricing
B. geographical pricing
C. cyclical pricing
D. short term pricing - The image pricing, location pricing, channel pricing and time pricing are all types of price discrimination of __________?
A. First degree
B. Second degree
C. Third degree
D. Fourth degree - The optional-feature pricing, captive-product pricing, product-bundling pricing and by-product pricing are considered as the techniques of __________?
A. product mix pricing
B. line stretching pricing
C. line filling pricing
D. line deepening pricing - The third step of value based pricing is to?
A. assess needs of customer
B. set target price
C. determine incurred costs
D. design product - The first step of cost based pricing strategy is to?
A. design a product
B. determine cost of product
C. set price based on cost
D. convince buyer about products value - The second step in cost based pricing is to?
A. set price based on cost
B. convince buyer about products value
C. design a product
D. determine cost of product - The third step in personal selling process after completion of pre-approach step is to?
A. prospecting and qualifying
B. handling objections
C. approach
D. presentation and demonstration - The second step of value based pricing is to?
A. determine incurred costs
B. design product
C. assess needs of customer
D. set target price - The first step of value based pricing is to?
A. assess needs of customer
B. set target price
C. determine incurred costs
D. design product - The fourth step of value based pricing is to?
A. determine incurred costs
B. design product
C. assess needs of customer
D. set target price
