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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 major categories of raw materials are included in ___________?
A farm and natural products
B component materials
C component parts
D installations and equipment
Correct Answer: farm and natural products
The total features of the product functions, looks and features is classified as ___________?
A differential returns
B uncontrollable returns
C controllable returns
D design
Correct Answer: design
The kind of convenience goods that are purchased by consumers for an urgent need are classified as __________?
A homogeneous goods
B emergency goods
C impulse goods
D staples
Correct Answer: emergency goods
In fifth level of customer value hierarchy, the marketer converts the augmented products into _________?
A expected products
B basic product
C augmented products
D potential product
Correct Answer: potential product
The product returns can be eliminated with better packaging, improved storage and transportation is classified as __________?
A uncontrollable returns
B controllable returns
C capital returns
D differential returns
Correct Answer: controllable returns
In the product hierarchy, the product variant or item is classified as __________?
A class and line type
B need family type
C stock type
D stock keeping unit
Correct Answer: stock keeping unit
The type of goods that are tangible in nature and can be consumed in few uses are classified as __________?
A durable goods
B non-durable goods
C services
D augmented goods
Correct Answer: durable goods
According to product hierarchy, the group of products that perform similar functions including the recognized product class is classified as __________?
A product line
B product class
C need family
D product family
Correct Answer: product line
The pricing technique is used by sellers that offer their products in the bundles only is classified as __________?
A pure bundling pricing
B mix bundling pricing
C Two-part bundle pricing
D optional-feature pricing
Correct Answer: pure bundling pricing
The measurement of probability will not fail to perform the promised features of product is classified as __________?
A durability
B performance quality
C reliability
D conformance quality
Correct Answer: reliability
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