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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 classic examples of deficient products are?
A ineffective medicines
B junk food and cigarettes
C nutritious high fiber cereals
D insurance products
Correct Answer: ineffective medicines
The organized movement by government agencies and citizens towards betterment of buyers as compared to sellers is classified as?
A consumerism
B seller’s extrovert sellers
C environmentalism
D seller introvert seller
Correct Answer: consumerism
Considering types of wholesalers, the types of agents are?
A selling agents
B manufacturer’s agent
C commission merchants
D rack jobbers
Correct Answer: rack jobbers
The group of independent retailers that are engaged in group buying and are sponsored by group of wholesalers is considered as?
A involuntary franchising
B voluntary chain
C involuntary chain
D voluntary franchising
Correct Answer: voluntary chain
The kind of retailer whose product line consists of airlines, colleges and hotels is classified as?
A independent off-price retailer
B service retailers
C categorized retailer
D off-price retailer
Correct Answer: service retailers
The use of in-store advertising to broaden brand equity and encourage favorable purchase decisions is classified as?
A exclusive marketing
B shopper marketing
C outbound marketing
D inbound marketing
Correct Answer: shopper marketing
The factory outlets and ware house clubs are classified as types of?
A independent super retailer
B off-price retailer
C on-price retailer
D independent off-price retailer
Correct Answer: off-price retailer
The types of wholesalers does not include?
A voluntary franchise chain
B merchant wholesalers
C agents and brokers
D manufacturer’s sales branches
Correct Answer: voluntary franchise chain
The off-price retailer that is division of some large retail corporation is classified as?
A independent super retailer
B off-price retailer
C on-price retailer
D independent off-price retailer
Correct Answer: off-price retailer
The process of selling market offering for business use or resale purpose is classified as?
A promoting
B retailing
C wholesaling
D none of the above
Correct Answer: none of the above

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