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

Related Mcqs:

1. 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

2. 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

3. The price on which it is limit that no less profits would be accepted less than this price is classified as?

   A. cost ceiling
   B. cost floor
   C. price ceiling
   D. price floor

4. 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

5. The price discrimination in which seller charges less to the customers, who buy in large volumes is classified as __________?

   A. second-degree price discrimination
   B. first-degree price discrimination
   C. third-degree discrimination
   D. fourth-degree discrimination

6. Both loyal and profitable group of customers is considered as?

   A. Strangers
   B. Butterflies
   C. Barnacles
   D. True friends

7. The potential profitable but less loyal group is of?

   A. Butterflies
   B. Strangers
   C. True friends
   D. Barnacles

8. The highly loyal but less potential profitable customer’s group is of?

   A. Butterflies
   B. Barnacles
   C. True friends
   D. Strangers

9. The company may expand its share in market is shown in share-penetration index, which is _____________?

   A. low market penetration index
   B. high market penetration index
   C. fixed index
   D. zero index

10. Considering competitive positions, the firm other than market leader who is fighting hard in its industry to increase market share is classified as?

    A. market follower
    B. market niche
    C. market challenger
    D. market leader