Setting price on the basis of the total cost per unit is known as……

Related MCQs

• Setting price on the basis of the demand for the product is known as……
• Setting price on the basis of the competition for the product is known as……….
• Setting price on the basis of the competition for the product is known as……….
• Under ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ pricing, price is set on the basis of managerial decisions and not on the basis of cost, demand, competition etc.
• The process of setting a low initial price for attracting a large number of buyers quickly to cover a large market share is known as
• Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as
•   pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.
• Setting a price below that of the competition is called.
• Introducing a product at low price and increasing the price once the brand succeeds is known as …………. Pricing.
• The work of setting up objectives for selling activities, determining and scheduling the steps necessary to achieve these objectives is known as………….