Ch 48: MTEL Business: Pricing in Marketing

About This Chapter

Review information about business pricing strategies and determination using our video lessons and quizzes. You can expect to be tested on these marketing topics when you take the Massachusetts Tests for Educator Licensure (MTEL) Business exam.

MTEL Business: Pricing in Marketing - Chapter Summary

The lessons in this chapter are designed to help you develop a deeper understanding of how companies decide on and implement pricing. The videos provide detailed information including definitions of relevant terms and examples of topics being discussed. After successful review of this material, you should possess the following skills that will help you correctly answer these types of questions on the MTEL Business exam:

  • Explaining the process of developing pricing strategies
  • Identifying the three pricing strategies used by marketing managers
  • Relating the factors that impact pricing strategies
  • Describing how to choose the most effective pricing objective

Simple narrative text and illustrated examples help make these lessons engaging and fun to watch. You can use the self-assessment quizzes to evaluate what you have learned and as practice for taking the MTEL Business exam, which uses the same multiple-choice format as our quizzes.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the MTEL Business (19): Practice & Study Guide course