what method of pricing is popular in construction activities , where the contract is awarded who quoted the highest price?

Related MCQs

• “fixing very low price to stimulate the growth of the market”. Give the name of pricing strategy.
• All companies charge the same price and smaller players follow the price set by the market players. Which is this method?
• Which is competition oriented pricing method?
• Which one is the Pricing strategy of a new product?
• Which among is a suitable pricing strategy of Charging different prices to different customer groups?
• When a product has long life cycle , it has mass market, entry of rivals in to market is easy and demand is elastic. Which pricing policy can be adopted?
• Which pricing strategy is used by Bata Shoe Company?
• What is Mark- up pricing?
• What is Odd pricing?
• What all are the factors affecting pricing decision ?