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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

According to marketing four Ps, the credit terms can be classified as?
A Place
B Product
C Price
D Promotion
Correct Answer: Price
Permanent and ordered division in society on basis of values and interests is called?
A social class
B culture
C subculture
D both b and c
Correct Answer: social class
The situation in which company is making more sales with its existing product is classified as?
A Market development
B Market penetration
C Product development
D Diversification
Correct Answer: Market penetration
The loss in sales because of poor quality raw materials have been used in production is concluded in companys?
A Strengths
B Weaknesses
C Opportunities
D Threats
Correct Answer: Opportunities
The pricing strategy which starts with ideal price and targets the cost which ensures that set price will be met is classified as?
A target costing
B marginal costing
C learning curve costing
D demand based costing
Correct Answer: target costing
The SBU’s in ‘Stars’ category requires?
A Heavy investment
B Less investments
C More marketing
D Both a and c
Correct Answer: Heavy investment
The market offering that is essentially intangible is called?
A services
B products
C commodity
D competitive edge
Correct Answer: services
The company marketing mix that target market segments very broadly is called?
A mass marketing
B segmented marketing
C niche marketing
D micromarketing
Correct Answer: mass marketing
The group which adopts innovation only after it becomes a tradition is classified as?
A late majority
B early majority
C laggard
D early adopter
Correct Answer: laggard
The segmentation based on climate basis is an example of?
A geographic segmentation
B demographic segmentation
C psychographic segmentation
D behavioral segmentation
Correct Answer: geographic segmentation
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