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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 types of good value pricing includes?
A everyday low pricing
B high low pricing
C low high pricing
D both a and b
Correct Answer: both a and b
Firstly, the marketers must think about?
A Four Cs
B Four Ps
C Four Ds
D Four Ts
Correct Answer: Four Cs
The legal and management consulting are best classified as?
A industry supplies
B industry services
C business advisory services
D accessory equipment
Correct Answer: business advisory services
The types of vertical marketing system are?
A contractual VMS
B corporate VMS
C administered VMS
D all of above
Correct Answer: all of above
The most crucial and first step in marketing process is?
A Designing a marketing strategy
B Create customer delight
C Understanding customer needs and wants
D Capturing value from customers
Correct Answer: Understanding customer needs and wants
The kind of channel arrangement which involves one or more than one independent wholesalers, producers and retailers is classified as?
A vertical marketing system
B static distribution channel
C conventional distribution channel
D horizontal marketing system
Correct Answer: conventional distribution channel
If the cost of product is $30 and the profit margin for each unit is $3 then the price that must be charged to customers is?
A $30
B $33
C $27
D $34
Correct Answer: $33
The convenience products in industrial markets are also called as?
A industry supplies
B industry services
C industry capital items
D industry material and parts
Correct Answer: industry supplies
The new brands a company develops with its own resources and R&D efforts are called?
A new products
B existing products
C acquisition
D mergers
Correct Answer: new products
The ‘marketing strategy statement’ third part consists of?
A target market
B planned value proposition
C sales, profit goals, market share
D developing mission statement
Correct Answer: sales, profit goals, market share
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