Quiz November 26th1. In retailing Black Friday2. ______ is a pricing objective where price is initially set high on merchandise3. If I am following an above-market pricing policy, I am likely to have4. ________ is a policy that encourages offering the same products and quantities to different customers at different prices.5. Which team will be down to its 4th or 5th string quarterback for the civil war game?Quiz November 26thQuiz November 26th1. In retailing Black Friday1. In retailing Black Fridaya.a.Is the biggest Is the biggest retailing day of the retailing day of the yearyearb.b.The day after The day after ChristmasChristmasc.c.Had fewer sales this Had fewer sales this yearyeard.d.All of these are trueAll of these are true2. ______ is a pricing objective where 2. ______ is a pricing objective where price is initially set high on merchandiseprice is initially set high on merchandisea. Target Return Objectiveb. Profit Maximizationc. Skimmingd. Penetration3. If I am following an above-market 3. If I am following an above-market pricing policy, I am likely to have pricing policy, I am likely to have a. Inferior a. Inferior merchandisemerchandiseb. Fewer services b. Fewer services c. Convenient c. Convenient locationslocationsd. Limited hours of d. Limited hours of operationoperation4. ________ is a policy that encourages 4. ________ is a policy that encourages offering the same products and quantities offering the same products and quantities to different customers at different prices.to different customers at different prices.a.a.Customary Customary Pricing Pricing b.b.Flexible PricingFlexible Pricingc.c.One-Price One-Price PricingPricingd.d.Price LiningPrice Lining5. Which team will be down to its 45. Which team will be down to its 4thth or 5 or 5thth string quarterback for the civil war game?string quarterback for the civil war game?a. The Oregon Ducksa. The Oregon
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