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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 fourth step in process of new product development is?
A developing marketing strategy
B developing production schedule
C developing introductory test
D developing new candidate’s pool
Correct Answer: developing marketing strategy
The after-sale services are part of?
A segmented products
B less convenient products
C augmented products
D convenient tangible products
Correct Answer: augmented products
The stage in which the problem or need is recognized by consumers is classified as
A need recognition
B information search
C evaluation of alternatives
D both b and c
Correct Answer: need recognition
The products purchased for further processing by business owners are best classified as?
A consumer products
B industrial products
C augmented products
D core customer value
Correct Answer: industrial products
The price adjustment strategies includes?
A discount pricing
B promotional pricing
C dynamic pricing
D all of above
Correct Answer: all of above
The services such as airlines and hotels are classified as?
A shopping products
B unsought augmented products
C sought specialty products
D unsought convenience products
Correct Answer: shopping products
If the lawn mower is bought for house backyard, the lawn mower is classified as?
A consumer products
B industrial products
C augmented products
D specialty products
Correct Answer: consumer products
The pricing strategies related to product mix consists of?
A product bundle pricing
B by-product pricing
C captive product pricing
D all of above
Correct Answer: all of above
The maintenance and business advisory services are included in
A business services
B business supplies
C industry capital items
D accessory equipment
Correct Answer: business services
Finding and developing the alternative concepts is part of?
A concept development
B product development
C customer retention
D supply chain management
Correct Answer: concept development
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