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Management Sciences 5307 MCQs [All-Courses]

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 retailers that follow the pattern of “locate-compare-select” to serve their customers are classified as?

A full-service retailers

B self-service retailers

C limited service retailers

D super retailers

Review Detailed Answer

Correct Answer: self-service retailers

The wholesaler who only brings buyers and sellers closer by assisting in negotiations without taking title of market offerings is classified as?

A manufacturer’s sales branches

B brokers

C agent

D drop shippers

Review Detailed Answer

Correct Answer: brokers

The retail stores such as 7-eleven and stop-n-go are examples of?

A outbound stores

B inbound stores

C intensive stores

D convenience stores

Review Detailed Answer

Correct Answer: convenience stores

The major types of retail organizations includes?

A corporate chains

B retailer cooperatives

C voluntary chains

D all of above

Review Detailed Answer

Correct Answer: all of above

Considering types of retailers, the store which only carries limited product line is classified as?

A specialty stores

B department store

C discount store

D super store

Review Detailed Answer

Correct Answer: specialty stores

The separate firm engaged in wholesaling activities is classified as?

A outbound franchisor

B franchisee

C wholesaler

D franchisor

Review Detailed Answer

Correct Answer: wholesaler

Considering types of retailers, the stores that are located near your residence, carry limited product line and remain open for seven days are called?

A selective store

B extensive store

C exclusive store

D convenience stores

Review Detailed Answer

Correct Answer: convenience stores

The retail stores such as Wal-Mart and Target are examples of?

A specialty stores

B department store

C discount store

D super store

Review Detailed Answer

Correct Answer: discount store

The wholesaler who does not take title of market offering and represents sellers and buyers while performing fewer functions is considered as?

A web wholesalers

B brokers

C agent

D drop shippers

Review Detailed Answer

Correct Answer: agent

The retailer store ‘Sears’ is an example of?

A outbound store

B inbound store

C department store

D intensive store

Review Detailed Answer

Correct Answer: department store

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The retailers that follow the pattern of “locate-compare-select” to serve their customers are classified as?

The wholesaler who only brings buyers and sellers closer by assisting in negotiations without taking title of market offerings is classified as?

The retail stores such as 7-eleven and stop-n-go are examples of?

The major types of retail organizations includes?

Considering types of retailers, the store which only carries limited product line is classified as?

The separate firm engaged in wholesaling activities is classified as?

Considering types of retailers, the stores that are located near your residence, carry limited product line and remain open for seven days are called?

The retail stores such as Wal-Mart and Target are examples of?

The wholesaler who does not take title of market offering and represents sellers and buyers while performing fewer functions is considered as?

The retailer store ‘Sears’ is an example of?