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MCQs

Total Questions : 234 | Page 21 of 24 pages
Question 201. The form of countertrade in which seller receives some money and some goods for due payments is classified as
  1.    offset
  2.    buy back arrangement
  3.    barter
  4.    compensation deal
 Discuss Question
Answer: Option D. -> compensation deal
Answer: (d).compensation deal
Question 202. The price increasing technique in which companies with long lead times, do not set price until product is finished is classified as
  1.    reduction of discounts
  2.    unbundling
  3.    delayed quotation pricing
  4.    escalator clauses
 Discuss Question
Answer: Option C. -> delayed quotation pricing
Answer: (c).delayed quotation pricing
Question 203. The promotional pricing technique adopted by retailers and lowering selling prices of well-known brands is classified as
  1.    loss leader pricing
  2.    cash rebates
  3.    special customer pricing
  4.    special event pricing
 Discuss Question
Answer: Option A. -> loss leader pricing
Answer: (a).loss leader pricing
Question 204. If the fixed cost is $18000 and the variable cost is $16000 then the total cost is
  1.    $18,000
  2.    $16,000
  3.    $340,000
  4.    $34,000
 Discuss Question
Answer: Option D. -> $34,000
Answer: (d).$34,000
Question 205. The price cut technique which results in increasing market share but less loyal customers in market is classified as
  1.    low-quality trap
  2.    fragile-market-share trap
  3.    shallow-pockets trap
  4.    price-war traps
 Discuss Question
Answer: Option B. -> fragile-market-share trap
Answer: (b).fragile-market-share trap
Question 206. The form of countertrade in which buyer's and seller's exchange goods without involving any third party is classified as
  1.    barter
  2.    compensation deal
  3.    offset
  4.    buy back arrangement
 Discuss Question
Answer: Option A. -> barter
Answer: (a).barter
Question 207. The problem arises in price cut when the customer's assume that quality of product has become poor is called
  1.    low-quality trap
  2.    fragile-market-share trap
  3.    shallow-pockets trap
  4.    price-war traps
 Discuss Question
Answer: Option A. -> low-quality trap
Answer: (a).low-quality trap
Question 208. The kind of industry in which sellers of commodities such as paper, fertilizer and steel is classified as
  1.    every day competitive industry
  2.    oligopolistic industry
  3.    monopolistic industry
  4.    pure competition industry
 Discuss Question
Answer: Option B. -> oligopolistic industry
Answer: (b).oligopolistic industry
Question 209. The demand for a particular product can decline if the price is
  1.    stable
  2.    high
  3.    low
  4.    constant
 Discuss Question
Answer: Option B. -> high
Answer: (b).high
Question 210. The fixed cost is divided by unit sales and then added into variable cost for calculation is
  1.    markup demand
  2.    unit cost
  3.    markup cost
  4.    markup price
 Discuss Question
Answer: Option B. -> unit cost
Answer: (b).unit cost

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