The reduction in price awarded to customers who buy products in large volumes is classified as ________?

Related Mcqs:

1. The reduction in price awarded to customers who buy products in large volumes is classified as __________?

   A. non-functional discount B. discount C. quantity discount D. descriptive discount...

2. The kind of reduction made to those buyers who buy large volumes of products is classified as?

   A. cash discount B. seasonal discount C. functional discount D. quantity discount...

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 reduction of price awarded to the customers who pay their bills promptly is classified as ________?

   A. non-functional discount B. discount C. quantity discount D. descriptive discount...

5. The price reduction is awarded to buyers who buy services and goods in off-season is classified as __________?

   A. oligopolistic discount B. equalizing discount C. offset discount D. seasonal discount...

6. The products that customers buy after comparing suitability of products are classified as?

   A. non-shopping products B. shopping products C. specialty products D. unsought products...

7. The products that customers buy after careful comparison on price and quality are called?

   A. specialty products B. less specialty products C. shopping products D. unsought products...

8. The promotional mix strategy in which advertisement and promotions are made to final customers to induce them to buy products is classified as?

   A. pull strategy B. moral selling strategy C. rational selling strategy D. push strategy...

9. The services or products that customers buy immediately after noticing are classified as?

   A. augmented product or services B. convenience products and services C. shopping goods or services D. sought products or services...

10. The formal decision making process by which large organization buy the services and products is classified as_________?

    A. organizational buying B. large buying C. small buying D. procedure buying...