
Pricing Strategies Quiz

Quiz
•
Education
•
1st Grade
•
Hard
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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