M C Q s D r i v e

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.

The reduction in prices made on larger purchases is classified as?
A bargained reduction
B discount
C allowance
D price segment
Correct Answer: discount
The new product pricing strategy through which company makes more profitable sales by selling out fewer units is classified as?
A optional product pricing
B price skimming
C price penetration
D product line pricing
Correct Answer: price skimming
The luxury products such as Rolex watches are best classified as?
A unsought specialty products
B sought services
C specialty products
D convenience products and services
Correct Answer: specialty products
The basing point pricing, uniform delivered pricing, zone pricing and freight absorption pricing are all types of?
A promotional pricing
B geographical pricing
C cyclical pricing
D short term pricing
Correct Answer: geographical pricing
The pricing strategy used to set prices for products that are optional with the main product bought is called?
A competitive pricing
B captive product pricing
C optional product pricing
D product line pricing
Correct Answer: optional product pricing
The question of buyer “what I am really buying?” is addresses in strategy called?
A targeting strategy
B intangible products
C positioning statement
D customer core value
Correct Answer: customer core value
The pure tangible good and pure services are two extremes of?
A market offering
B exchange of goods
C ownership
D logistic channels
Correct Answer: market offering
The portable factory equipment such as lift trucks is an example of?
A industrial accessory equipment
B industrial office equipment
C fixed equipment
D installation
Correct Answer: industrial accessory equipment
The products that consumer doses not really consider buying is classified as?
A unsought consumer products
B sought services
C sought industrial product
D unsought augmented product
Correct Answer: unsought consumer products
The pricing strategy in which seller set any city as base point and charges freight from all customers from that city is classified as?
A basing point pricing
B uniform delivered pricing
C freight on board origin pricing
D zone pricing
Correct Answer: basing point pricing