The practice by seller, about offering same product at different prices, to the different customers is known as __________?

Related Mcqs:

1. The practice of seller to charge higher price for same market offering is classified as __________?

   A. peak-load pricing
   B. elastic pricing
   C. elastic demand
   D. inelastic demand

2. When prices fall, the decrease in demand for the product when the competitors’ prices are not met will be called ___________?

   A. downward supply spiral
   B. upward supply spiral
   C. downward demand spiral
   D. upward demand spiral

3. The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as ___________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

4. An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?

   A. target price
   B. target cost
   C. outsource price
   D. off shore price

5. If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under _____________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

6. The systematic flow of services, goods or information from the buying material for product delivery to the customers is known as __________?

   A. supply chain
   B. value chain
   C. material flow chain
   D. manufacturing flow chain

7. An organization’s ability to offer market offerings at lower prices, in comparison with its competitors is known as __________?

   A. inelastic demand
   B. product differentiation
   C. cost leadership
   D. elastic demand

8. An organizational practice, according to which the decision making freedom is available to lower level managers is known as _____________?

   A. decentralization
   B. centralization
   C. autonomy of effort
   D. congruency

9. The systematic evaluation of value chain, to reduce costs and high quality, to achieve satisfied customers is known as __________?

   A. reverse engineering
   B. value engineering
   C. target engineering
   D. operation engineering

10. A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?

    A. product life cycle
    B. life cycle budgeting
    C. life cycle costing
    D. target costing