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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

The comparison of brands attributes and elimination of attributes with minimum acceptable cutoffs by the customer is classified as__________?
A lexicographic heuristics
B eliminating-by-acceptance heuristic
C heuristics
D conjunctive heuristic
Correct Answer: eliminating-by-acceptance heuristic
The way how information taken out from customer’s memory or mind is classified as________?
A memory revival
B memory retrieval
C memory encoding
D memory decoding
Correct Answer: memory retrieval
The groups that people think to join are classified as_________?
A leader groups
B party groups
C aspiration groups
D associative groups
Correct Answer: aspiration groups
The failure of any product, that can have health risk for user is classified as_________?
A financial risk
B social risk
C physical risk
D functional risk
Correct Answer: physical risk
A group whose values and behaviors are rejected by individuals is classified as________?
A aspiration groups group
B associative group
C dissociative group
D inspiration group
Correct Answer: dissociative group
The market consists on the set of customers, for which the company wants to pursue its business is called _____________?
A penetrated market
B potential market
C target market
D available market
Correct Answer: target market
The combination consists average past sales and most recent sales are ______________?
A exponential smoothing
B time series smoothing
C statistical smoothing
D sales forecast
Correct Answer: exponential smoothing
In the analysis of worldwide population growth, identifying household patterns for marketing purposes are said to be __________?
A demographic environment analysis
B geographic environment analysis
C economic environment analysis
D analysis of natural environment
Correct Answer: demographic environment analysis
The sales limit is expected because of increase in the marketing effort as compared to competitors is called as ____________?
A Company sales potential
B product sales potential
C market demand potential
D forecasted sales
Correct Answer: Company sales potential
The total number of products that will be bought by defined set of customers for specific area is called __________?
A market demand
B product demand
C services demand
D customer buying power
Correct Answer: market demand
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