Pricing and Food Trends Quiz

Pricing and Food Trends Quiz

12th Grade

10 Qs

quiz-placeholder

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Pricing and Food Trends Quiz

Pricing and Food Trends Quiz

Assessment

Quiz

English

12th Grade

Medium

Created by

Peter Johnson

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges companies face when setting the price of a product?

Reduced profit margin

Investing in IT systems

Increased sales

Cutting costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have prices in the food business been affected by advances in technology?

Remained the same

Fluctuated

Fell

Increased

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor has mainly contributed to pushing down prices in supermarkets?

Government regulations

Producers' margins

Consumer demand

Supermarkets' scale

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which retail company is mentioned as having tremendous power to pressure producers to cut margins?

Nestle

Unilever

Cadbury

Wal-Mart

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the trend mentioned regarding the size of soft drink cans in America?

Staying constant

Decreasing size

Becoming more expensive

Increasing size

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason companies are under pressure to stop selling bigger portions for less money?

Economic factors

Government regulations

Health concerns

Consumer complaints

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges companies face when trying to change the trend of selling bigger portions?

Market demand

Competitor strategies

Lack of resources

Consumer preferences

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