Pricing Strategies Quiz

Pricing Strategies Quiz

1st Grade

38 Qs

quiz-placeholder

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Pricing Strategies Quiz

Pricing Strategies Quiz

Assessment

Quiz

Education

1st Grade

Hard

Created by

Anthony Kwiecinski

FREE Resource

38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do businesses need to give their customers for their products or services?

Free samples

Prices

Discounts

Gifts

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do many businesses, such as hairdressers, provide their prices?

By guessing

By using a standardised price list

By asking the customer

By changing prices daily

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do businesses like builders need to provide for specific products or services?

Free services

Tailored prices

Standard prices

Discounts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is pricing usually done for specific products or services?

With an estimate or a quote

By guessing

By asking the customer

By using a standard price list

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are larger, more complicated projects often priced?

By guessing

By using a standard price list

On the basis of a detailed tender document

By asking the customer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a quote?

A promise to do work at an agreed price

A promise to do work for free

A promise to do work without any conditions

A promise to do work at a variable price

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should a quote set out?

What work will be done for the agreed price

The time it will take to do the work

The materials needed for the work

The number of workers required

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