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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 retail business built on a place that is owned, planned and developed as single business unit is classified as?
A shopping center
B specialty center
C corporate center
D warehouse club center
Correct Answer: shopping center
In retailer industry, the Tiffany and Williams Sonoma are considered as?
A full-service retailers
B self-service retailers
C limited service retailers
D super retailers
Correct Answer: full-service retailers
The retailers that provide more specialty goods than others and therefore provide more assistance to customers while shopping are classified as?
A limited service retailers
B super retailers
C full-service retailers
D self-service retailers
Correct Answer: full-service retailers
The concept of retail organization in which two or more outlets that are controlled and owned commonly is classified as?
A off price voluntary stores
B mutual cooperation
C chain stores
D voluntary stores
Correct Answer: chain stores
The collection of activities used to sell products too directly to end user for non-business use is classified as?
A inter-modeling
B distribution operation
C wholesaling
D retailing
Correct Answer: retailing
The stores such as Kroger, Safeway and Supervalu are examples of?
A outbound stores
B super market
C inbound stores
D intensive stores
Correct Answer: super market
Considering types of retail stores, the one in which combines concept of supercenters and discount stores is classified as?
A inclusive store
B exclusive store
C superstore
D extensive store
Correct Answer: superstore
Considering types of retail stores, the one which sells merchandise with low margins at lower price and in high volumes is called?
A discount store
B selective store
C extensive store
D exclusive store
Correct Answer: discount store
In retailer industry, the stores such as Kohl’s and Target are considered as best examples of?
A limited service retailers
B super retailers
C full-service retailers
D self-service retailers
Correct Answer: self-service retailers
The wholesaling which is done directly to buyers or sellers rather than wholesaling through non-dependent wholesalers is classified as?
A manufacturer’s sales branches
B brokers
C agent
D drop shippers
Correct Answer: manufacturer’s sales branches

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