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Management Sciences 5307 MCQs [All-Courses]

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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.

All Topics  5307

Downside of management by objectives is?
A time consuming
B large capital is needed
C large pool of human capital is required
D both A and B
Correct Answer: time consuming
How many types of strategies are there in strategic planning?
A 3
B 4
C 5
D 6
Correct Answer: 3
In setting SMART goals, ‘T’ stands for?
A timely
B tricky
C transparent policies
D none of above
Correct Answer: timely
Which are not related to firm’s existing business in adding new product lines?
A related diversification
B conglomerate diversification
C diversification
D all of above
Correct Answer: conglomerate diversification
Gaining market share by offering same products as of competitors in same market, considered as?
A competitive strategy
B corporate level strategy
C functional strategy
D none of above
Correct Answer: corporate level strategy
The intended directions and actions are stated in?
A mission statement
B strategic goals
C vision statement
D none of above
Correct Answer: vision statement
The portfolio of business that comprises the business is identified in?
A competitive strategy
B corporate level strategy
C functional strategy
D all of above
Correct Answer: corporate level strategy
When the company offers specific marketing, which is not available by others is the strategy of?
A focusers
B corporate strategy
C vertical integration
D all of above
Correct Answer: focusers
A graphical tool, used to summarize the chain of activities to get “big picture” of performance is?
A HR scorecard
B HR digital dashboard
C strategy map
D all of above
Correct Answer: strategy map
In management by objectives, the goals are set by?
A supervisor and subordinates
B top management
C departmental managers
D all of above
Correct Answer: supervisor and subordinates
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