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 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 - When the captive product pricing is used for services then this pricing strategy is classified as?
A. two-part pricing
B. combine pricing
C. double pricing
D. optional part pricing - The cost based pricing strategy is also called?
A. product driven
B. customer driven
C. economy driven
D. cost driven - The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as?
A. cost based pricing
B. differentiated pricing
C. competitive pricing
D. value added pricing - The last step of 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 of cost based pricing is to?
A. design a product
B. determine cost of product
C. set price based on cost
D. convince buyer about products value - 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
