wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Pricing Strategies

Total questions: 8

Worksheet time: 3mins

Name
Class
Date
1.

This is the type of pricing where it is based on the raw materials, manufacturing, and labor put in the product.

a)

Consumer based Pricing

b)

Production Pricing

c)

Cost-based Pricing

d)

Retail Pricing

2.

WebTest is a cloud-based low-code automation tool. It asks for the number of users in order to provide you with its price. Which cost-based pricing is this?

a)

Usage-based Pricing

b)

Peopleware Pricing

c)

Proprietary Pricing

d)

User-based Pricing

3.

This type of pricing attempts to provide different packages or bundles depending on user needs and their willingness to pay.

a)

Tiered Pricing

b)

PWYW Pricing (Pay What You Want)

c)

Classified Pricing

d)

Layered Pricing

4.

Value-based pricing is based on the value approved by an organization's key stakeholders after the product is created.

a)

True

b)

False

5.

This type of value driver is based on the consumer's perception about the price of acquiring, owning, using and disposing of the product or service.

a)

Product Eppreciation

b)

Cost of ownership

c)

Economic Value

d)

Consumer Evaluation

6.

Another value driver that captures the emotional and psychological factors the consumer considers.

a)

Buyer Motivation

b)

Buyer Preference

c)

Consumer Tendencies

d)

Consumer Demographics

7.

This is one of the IT influences on pricing strategy where it grants a large number of customers to access solutions. This allows different pricing opportunities for bundling and customization.

a)

BYOB (Build Your Own Bundle)

b)

Subscription Model

c)

Domain Expansion

d)

Enhanced reach

8.

Which of the following is NOT considered as one of the current IT Pricing Strategies?

a)

Monthly Subscription

b)

Buy Now, Pay Later

c)

Up-front license fees

d)

Free and "Free, but Not Free"