CBSE Class 12 Marketing Price Worksheet Set 03

Official Class 12 Marketing Worksheets: Price

Explore reliable practice materials for Price tailored for Class 12 learners. Utilizing these Marketing worksheets ensures thorough preparation and strengthens problem-solving speed for upcoming school assessments.

Chapter-wise Practice Material: Price

Navigate directly to the printable exercises for Price using the digital viewer below. Each practice set allows students to isolate specific topics for thorough review and uninterrupted practice alongside standard textbooks.

PRICING DECISION
 
Multiple choice questions(1 mark each)
 
1. The pricing objectives are
a) Maximum current profit, market share and market skimming
b) Survival
c) Product quality leadership
d) All of the above
 
2. Miranda owns a chain of handbag shops across England and Wales. She has spotted a good location to set up a shop in Edinburgh but her handbags are not well known in Scotland and there is quite a lot of competition. She thinks it is worth a try anyway and decides to undercut the competition, at least until she gets known. What pricing strategy is Miranda following?
a) market skimming
b) market penetration
c) price discrimination
d) export pricing
 
3. Under which conditions would market skimming be likely to be a viable strategy?
a) There is insufficient market capacity and competitors cannot make more of the product.
b) There are no competitors.
c) The demand for the goods in question is relatively price inelastic.
d) All of the above.
 
4. Market-penetration pricing strategy can be adopted when
a) Market is highly price sensitive
b) Low price stimulates market growth
c) Both a & b
d) None of the above
 
Short answer questions (2 &3 marks)
 
1. Differentiate between ‘Cost’ and ‘Price’.
 
2. What is Penetrating Price policy? Give one example.
 
3. Explain any three factors affecting Price Determination.
 
4. State uncontrollable factors under pricing.
 
5. Explain the importance of pricing in marketing.
 
Long answer questions (5 mark each)
 
1. Profit maximisation should not be the sole objective of pricing. Why?
 
2. How does the pricing objective of a firm affect the price of a product? Explain.
 
3. Discuss any one method of Pricing. State its advantages and disadvantages.


Please click on below link to download CBSE Class 12 Marketing Price Worksheet Set C

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Exam Preparation Worksheet for Class 12 Marketing Price

CBSE Practice Material: Class 12 Marketing Price

Explore reliable practice questions for Price tailored for Class 12 Marketing learners. Use these structured worksheets to evaluate preparedness and strengthen problem-solving skills.

NCERT-Aligned Questions and Solutions

Built using the official NCERT book for Class 12 Marketing, these practice materials provide reliable academic guidance. Pair your practice with our recommended NCERT solutions to master optimal problem-solving approaches.

Next Steps in Your Exam Preparation

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FAQs

Where can I download the latest PDF for CBSE Class 12 Marketing Price Worksheet Set 03?

You can download the teacher-verified PDF for CBSE Class 12 Marketing Price Worksheet Set 03 from StudiesToday.com. These practice sheets for Class 12 Marketing are designed as per the latest CBSE academic session.

Are these Marketing Class 12 worksheets based on the 2026-27 competency-based pattern?

Yes, our CBSE Class 12 Marketing Price Worksheet Set 03 includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

Do you provide solved answers for CBSE Class 12 Marketing Price Worksheet Set 03?

Yes, we have provided detailed solutions for CBSE Class 12 Marketing Price Worksheet Set 03 to help Class 12 and follow the official CBSE marking scheme.

How does solving CBSE Class 12 Marketing Price Worksheet Set 03 help in exam preparation?

Daily practice with these Marketing worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 12 students get more marks in CBSE exams.

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All our Class 12 Marketing practice test papers and worksheets are available for free download in mobile-friendly PDF format. You can access CBSE Class 12 Marketing Price Worksheet Set 03 without any registration.