The Shirt Company utilizes a push strategy to sell the Ecoshirt line. Its basic
promotional tool is discount. These discounts offered to middlemen are referred to as ------
discounts.
Detailed Answer
A
2
If a retailer orders a quantity of merchandise to be delivered to his store in Dublin and
is quoted a price that does not include transport costs, the retailer is paying a price called:
Detailed Answer
B
3
If Tailormaid offers to reduce the price of its women blazers when retailers buy over
one hundred pieces, the manufacturer is offering a ---------- discount.
Detailed Answer
A
4
If a pint of Guinness costs less in Belfast than in Edinburgh this would reflect which of
the following pricing methods?
Detailed Answer
D
5
If Ralph Lauren offers to give retailers half the costs they incur in advertising Polo
after-shave, the retailers have the option of taking advantage of a(n):
Detailed Answer
B
6
When establishing prices, a marketer first step is to
Detailed Answer
B
7
If Wrigley sets its pricing objective as attaining 38 percent of the chewing gum market,
what else would be needed to make this a true pricing objective?
Detailed Answer
D
8
The importance of price to a particular target market depends on the type of product,
the type of target market, and the
Detailed Answer
C
9
When marketers at The Honey Company tried to determine demand for their product,
they found that at 50 pence, consumers wanted 2,000 jars; at £1.00, they wanted 6,000 jars;
and at £1.50 they wanted 4,000 jars. What can the company conclude?
Detailed Answer
D
10
Which one of the following products is most likely to have an inverted C-shaped demand
curve?