1. Quiz November 26th

2. 1. In retailing Black Friday a. Is the biggest retailing day of the year b. The day after Christmas c. Had fewer sales this year d. All of these are true

3. 2. ______ is a pricing objective where price is initially set high on merchandise a. a. Target Return Objective b. b. Profit Maximization c. c. Skimming d. d. Penetration

4. 3. If I am following an above-market pricing policy, I am likely to have a. Inferior merchandise b. Fewer services c. Convenient locations d. Limited hours of operation

5. 4. ________ is a policy that encourages offering the same products and quantities to different customers at different prices. a. Customary Pricing b. Flexible Pricing c. One-Price Pricing d. Price Lining

6. 5. Which team will be down to its 4 th or 5 th string quarterback for the civil war game? a. The Oregon Ducks