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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 PLC concept which consists of longest life cycles is classified as?
A product classes
B product forms
C branding
D product perception
Correct Answer: product classes
The number of competitors in the decline stage of product life cycle are?
A few
B continuously growing
C stable but begins declining
D declining in number
Correct Answer: declining in number
The resources such as forests and food are known as?
A renewable resources
B non-renewable resource
C Both a and b
D none of above
Correct Answer: renewable resources
Buying of products by government agencies is classified as?
A business markets
B reseller markets
C government markets
D international markets
Correct Answer: government markets
Top management sets the company’s?
A Mission
B Objectives
C Vision
D All of above
Correct Answer: All of above
Lexus targets customer regardless of the country in which they lived – the “global elite” segment, this is called?
A intermarket segmentation
B intramarket segmentation
C income segmentation
D psychographic segmentation
Correct Answer: intermarket segmentation
The most successful products are those which are?
A differentiated
B solve customer problems
C offering customer value proposition
D all of above
Correct Answer: all of above
The factors that affect Company’s ability to maintain customer relationships are known as?
A Marketing environment
B Marketing dashboard
C Marketing plan
D Both a and b
Correct Answer: Marketing environment
The generation born before 1964 and after World War II is classified as?
A generation X
B generation Y
C baby boomers
D both a and b
Correct Answer: baby boomers
The Company who follows balanced approach to both competitors and customers while designing its strategies is classified as?
A market centered company
B competitor centered company
C customer centered company
D profit centered company
Correct Answer: market centered company
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