Considering the Dutch auctions, the technique in which the auctioneer lower the announced price till bidder accepts price is used in situation of ________?

Related Mcqs:

1. Considering the Dutch auctions, the technique in which the potential auctioneer offers the lowest to compete, is used in situation of __________?

   A. One seller, many buyers B. One buyer, many sellers C. many sellers, many buyers D. one buyer, one seller...

2. The type of auction which have many buyers and only one seller and the bidder raises the price of an offer is classified as _________?

   A. English auctions B. Dutch auctions C. equalizing-bid auctions D. Australian auctions...

3. Considering types of retail stores, the one which sells merchandise with low margins at lower price and in high volumes is called?

   A. discount store B. selective store C. extensive store D. exclusive store...

4. The geographical pricing technique in which company charges same base price plus same freight without considering location of customer is called?

   A. freight on board origin pricing B. zone pricing C. basing point pricing D. uniform delivered pricing...

5. The type of auctions which considers both situations such as, many buyers and one seller or one seller and many buyers, is classified as ___

   A. Australian auctions B. English auctions C. Dutch auctions D. Sealed-bid auctions...

6. The price increasing technique in which customers are asked to pay today’s price as well as inflation increased before delivery of goods is classified as ___________?

   A. escalator clauses B. reduction of discounts C. unbundling D. delayed quotation pricing...

7. The price increasing technique in which companies with long lead times, do not set price until product is finished is classified as _____________?

   A. reduction of discounts B. unbundling C. delayed quotation pricing D. escalator clauses...

8. Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as?

   A. price fixing B. predatory pricing C. price maintenance D. discriminatory pricing...

9. The price increasing technique in which company sell goods in a bundle start, included in bundle separately is classified as __________?

   A. reduction of discounts B. unbundling C. delayed quotation pricing D. escalator clauses...

10. The price cut technique which results in increasing market share but less loyal customers in market is classified as ___________?

    A. low-quality trap B. fragile-market-share trap C. shallow-pockets trap D. price-war traps...