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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

If the variable cost is $40 for and the fixed cost is $20 then the total cost is?
A $80
B $20
C $40
D $60
Correct Answer: $60
In business markets the demand is more?
A elastic
B inelastic
C realistic
D insignificant
Correct Answer: elastic
The third step in new product development is?
A product screening
B business screening
C systematic screening
D concept development and testing
Correct Answer: concept development and testing
The Macro environment includes?
A Demographic factors
B Technological factors
C The suppliers
D Both a and b
Correct Answer: Both a and b
The kind of cost which does not vary with the level of production of company or level of sales is classified as?
A variable costs
B fixed costs
C total costs
D all of above
Correct Answer: fixed costs
The generation born following ‘baby boomers’ is known as?
A generation X
B generation Y
C Both a and b
D none of above
Correct Answer: generation X
The study of human population in context of gender, race and occupation is called?
A the demographic environment
B the cultural environment
C the economic environment
D the natural environment
Correct Answer: the demographic environment
The cultural factors must include?
A beliefs and attitudes
B social class
C occupation
D roles and status
Correct Answer: social class
The highly involved consumer buying behavior and customers perceive fewer differences among brands is called?
A complex buying behavior
B variety seeking buying behavior
C dissonance reducing buying behavior
D habitual buying behavior
Correct Answer: dissonance reducing buying behavior
The mental process in which customer ends up as buyer of a new product is called?
A adoption process
B cognitive dissonance
C pre purchase behavior
D post-purchase behavior
Correct Answer: adoption process
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