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

Related Mcqs:

1. The set price limit from which no more demand is accepted is classified as?

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

2. The process which involves controlling, implementing and planning the materials and final goods to meet final customer at high profits is classified as?

   A. exclusive distribution
   B. exclusive dealing
   C. physical distribution
   D. supply chain management

3. 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

4. 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

5. The profits related to the new product in its introductory stage are?

   A. negative
   B. continuously rising
   C. higher
   D. declining

6. In PLC stages, the phase in which products profits decline and product has been defended from competition is called?

   A. maturity stage
   B. predictive stage
   C. improved market stage
   D. profit achieved stage

7. According to PLC stages, the stage in which the profits are non-existent because of higher expenses is said to be?

   A. introduction stage
   B. turbulent stage
   C. innovation stage
   D. non-profit stage

8. The managerial approach which focuses on bringing up ideas that helps producing profits as well preserve living environment is called?

   A. seller’s adaptation view
   B. environmental sustainability
   C. consumer profitability
   D. customer sustainability

9. In PLC stages, the stage in which sales and profits declines is called?

   A. decline stage
   B. less improved stage
   C. product maturity stage
   D. non-innovative stage

10. In PLC stages, the stage in which the product has rapid market acceptance and profits are likely to increase slightly is called?

    A. growth stage
    B. repetition stage
    C. turbulent stage
    D. non-turbulent