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Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

The manufacturing sector companies include ____________?

A distribution companies

B textile companies

C retailing companies

D internet service providers

Review Detailed Answer

Correct Answer: textile companies

The production of goods or services that can be bought from outside suppliers is classified as ___________?

A idle sourcing

B sunk sourcing

C outsourcing

D in-sourcing

Review Detailed Answer

Correct Answer: in-sourcing

If the total manufacturing cost is $60000 and the total units manufactured is 3000 units, then the per unit cost will be ____________?

A $40

B $20

C $60

D $80

Review Detailed Answer

Correct Answer: $20

The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as _________?

A expected factors

B recorded factors

C qualitative factors

D quantitative factors

Review Detailed Answer

Correct Answer: qualitative factors

The service sector companies include _____________?

A cellular phone producers

B mutual fund companies

C radio stations

D wholesalers

Review Detailed Answer

Correct Answer: mutual fund companies

The fourth step in decision making process is ____________?

A linear correlation

B making decisions

C implement decisions

D evaluate performance

Review Detailed Answer

Correct Answer: making decisions

Companies that are part of an industry of ‘service providers’ are ____________?

A manufacturing sector companies

B merchandising sector companies

C service sector companies

D raw material companies

Review Detailed Answer

Correct Answer: service sector companies

The costs such as book value of old machines are $25000 can be a classified as an example of ____________?

A salvages

B relevant

C irrelevant

D depreciated cost

Review Detailed Answer

Correct Answer: relevant

The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as ______________?

A service sector companies

B raw material companies

C manufacturing sector companies

D merchandising sector companies

Review Detailed Answer

Correct Answer: merchandising sector companies

The forgone contribution of resources, into the revenues because of not using the resources, in next best use is classified as __________?

A in-source cost

B opportunity cost

C offshore cost

D outsource cost

Review Detailed Answer

Correct Answer: opportunity cost

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The manufacturing sector companies include ____________?

The production of goods or services that can be bought from outside suppliers is classified as ___________?

If the total manufacturing cost is $60000 and the total units manufactured is 3000 units, then the per unit cost will be ____________?

The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as _________?

The service sector companies include _____________?

The fourth step in decision making process is ____________?

Companies that are part of an industry of ‘service providers’ are ____________?

The costs such as book value of old machines are $25000 can be a classified as an example of ____________?

The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as ______________?

The forgone contribution of resources, into the revenues because of not using the resources, in next best use is classified as __________?