BUAD 332 EXAM 3, BUSINESS LOGISTICS EXAM, SUPPLY CHAIN MANAGEMENT, BUAD TEST QUESTIONS, OPERATIONAL STRATEGY, BUAD 332 ANSWERS, LOGISTICS EXAM 2025

BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025

BUAD 332 EXAM 3, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025

What are the 5 ways to adjust basic price to reward customers for certain

responses? - CORRECT ANSWER✔✔ 1. Cash discount, 2. Quantity discount,

3. Promotional allowance, 4. Seasonal discount, 5. Trade-In allowance




When do customers use price more? - CORRECT ANSWER✔✔ When that

can't judge the quality of a product




What is an example of a good with a psychological value? - CORRECT

ANSWER✔✔ Rolex




BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025

,BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025
What are the 3 reasons to cut prices? - CORRECT ANSWER✔✔ 1. Excess

capacity, 2. Falling market share, 3. Dominate market through lower prices




What are the 2 reasons to increase prices? - CORRECT ANSWER✔✔ 1. Cost

inflation, 2. Over-demand (company cannot supply all customers' needs Set

of interdependent organizations organizations involved in the process of

making a product or service available for use or consumption by the

consumer or business user. - CORRECT ANSWER✔✔ Distribution Channel




What is the narrow definition of a Price? - CORRECT ANSWER✔✔ price is

the amount of money charged for a product or service




What is the broad definition of a Price? - CORRECT ANSWER✔✔ price is the

sum of all the values that consumers exchange for the benefits of having or

using the product or service

BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025

,BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025


What is an example of 2 things costing the same and not having the same

price? - CORRECT ANSWER✔✔ Clark boots from Amazon vs. from Dillard's



What are the 4 Internal Factors that affect the Pricing Decisions? - CORRECT

ANSWER✔✔ Marketing objectives, Marketing mix strategies, Costs,

Organizational considerations


What are the 3 External Factors that affect the Pricing Decisions? -

CORRECT ANSWER✔✔ Nature of the market and demand, Competition,

Other environmental factors (economy, government, resellers, social

concerns)




What are the 4 Marketing Objectives? - CORRECT ANSWER✔✔ Survival,

Current Profit Maximization, Market Share Leadership, Product Quality

Leadership

BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025

, BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025


Marketing Object about Low prices hoping to increase demand - CORRECT

ANSWER✔✔ Survival



Marketing Objective about Chose the price that produces the maximum

current profit - CORRECT ANSWER✔✔ Current Profit Maximization



Marketing Objective about low as possible prices to become the market

share leader - CORRECT ANSWER✔✔ Market Share Leadership



Marketing Objective about high prices to cover higher performance quality

and R&D - CORRECT ANSWER✔✔ Product Quality Leadership


What is an example of Product Quality Leadership? - CORRECT ANSWER✔✔

Pharmaceuticals




BUAD 332 EXAM 2, BUSINESS LOGISTICS
EXAM, SUPPLY CHAIN MANAGEMENT, BUAD
TEST QUESTIONS, OPERATIONAL STRATEGY,
BUAD 332 ANSWERS, LOGISTICS EXAM 2025