Marketing Price Quiz Questions!
7 Questions
| Total Attempts: 1410
(279).jpg "Marketing Price Quiz Questions!")
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Questions and Answers
- 1.Which pricing strategy is where you add a percentage onto what you originally pay for the product?
- A.
Loss Leader Pricing
- B.
Cost Plus Pricing
- C.
Price Skimming
- D.
Penetration Pricing
- 2.Which of the following are not pricing strategies?
- A.
Loss Leader Pricing
- B.
Penetration Pricing
- C.
Profit Pricing
- D.
Sales Pricing
- 3.There are two ways of working out cost-plus pricing.
- A.
True
- B.
False
- 4.Which pricing strategies would be appropriate for an established business trying to win customers from competitors?
- A.
Price Skimming
- B.
Penetration Pricing
- C.
Cost Plus Pricing
- D.
Loss Leader Pricing
- 5.When a product costs £2 for the business to get, does a 25% mark-up equal a 20% profit margin?
- A.
True
- B.
False
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Questions: 100 | Attempts: 13970 | Last updated: Oct 7, 2020
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