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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 consumers who buy branded products are classified as _________?

A non-switchers

B switchers

C non-shifting loyal

D shifting loyal

Review Detailed Answer

Correct Answer: switchers

The people who seek products with functional or practical purposes are considered as _________?

A makers

B destroyers

C non-makers

D non-destroyers

Review Detailed Answer

Correct Answer: makers

The consumer’s primary motivation does not include _________?

A ideals

B leadership

C achievement

D self-expression

Review Detailed Answer

Correct Answer: leadership

The VALS segmentation framework dimension ‘consumer motivation’ is classified as _________?

A the horizontal dimension

B the vertical dimension

C the stretch dimension

D the strength dimension

Review Detailed Answer

Correct Answer: the horizontal dimension

The young and impulsive people who seek excitement and variety can be the best _________?

A innovators

B non-innovators

C experiences

D non-achievers

Review Detailed Answer

Correct Answer: experiences

The young and impulsive people who seek excitement and variety can be the best __________?

A innovators

B non-innovators

C experiences

D non-achievers

Review Detailed Answer

Correct Answer: experiences

According to VALS framework, the consumer’s dimension groups having high resources do not include _________?

A innovators

B thinkers

C achievers

D strivers

Review Detailed Answer

Correct Answer: strivers

The pricing strategy uses by companies, operating in price sensitive market is classified as ___________?

A market penetration pricing

B market skimming pricing

C quality leadership pricing

D push pricing strategy

Review Detailed Answer

Correct Answer: market penetration pricing

If the demand of the product changes considerably with the small change in price then the demand is said to be __________?

A interactive

B augmented

C elastic

D inelastic

Review Detailed Answer

Correct Answer: elastic

On The Christmas and Easter, lower prices pricing techniques are classified as _______?

A cash rebates

B special customer pricing

C loss leader pricing

D special event pricing

Review Detailed Answer

Correct Answer: special event pricing

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The consumers who buy branded products are classified as _________?

The people who seek products with functional or practical purposes are considered as _________?

The consumer’s primary motivation does not include _________?

The VALS segmentation framework dimension ‘consumer motivation’ is classified as _________?

The young and impulsive people who seek excitement and variety can be the best _________?

The young and impulsive people who seek excitement and variety can be the best __________?

According to VALS framework, the consumer’s dimension groups having high resources do not include _________?

The pricing strategy uses by companies, operating in price sensitive market is classified as ___________?

If the demand of the product changes considerably with the small change in price then the demand is said to be __________?

On The Christmas and Easter, lower prices pricing techniques are classified as _______?