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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 services or products that customers buy immediately after noticing are classified as?

A augmented product or services

B convenience products and services

C shopping goods or services

D sought products or services

Review Detailed Answer

Correct Answer: convenience products and services

In the ‘maturity stage of product life cycle’ the cost per customer is?

A high

B low

C average

D moderate

Review Detailed Answer

Correct Answer: low

The pricing technique in which the customer pays delivery charges for the shipment from factory to the destined address is classified as?

A basing point pricing

B uniform delivered pricing

C freight on board origin pricing

D zone pricing

Review Detailed Answer

Correct Answer: freight on board origin pricing

The type of reduction made from list price is classified as?

A bargained reduction

B discount

C allowance

D price segment

Review Detailed Answer

Correct Answer: allowance

The issue arise from pricing when big seller sells below cost to put the new small competitors out of business and capture large market share is classified as?

A price maintenance

B discriminatory pricing

C price fixing

D predatory pricing

Review Detailed Answer

Correct Answer: predatory pricing

Considering products and service classification, the marketing offering such as furniture is an example of?

A specialty products

B non-shopping products

C augmented products

D shopping products

Review Detailed Answer

Correct Answer: shopping products

If a customer buys a cell phone and buy the Bluetooth hands free later then pricing strategy used in this situation is called?

A bi-product pricing

B optional product pricing

C Two way pricing

D Two part pricing

Review Detailed Answer

Correct Answer: optional product pricing

To form significant picture of the world, the process of information selection, organizing and interpreting is referred as?

A perception

B brand image

C self-concept

D self-image

Review Detailed Answer

Correct Answer: perception

In PLC stages, the stage in which the product has rapid market acceptance and profits are likely to increase slightly is called?

A growth stage

B repetition stage

C turbulent stage

D non-turbulent

Review Detailed Answer

Correct Answer: growth stage

The less frequently purchased consumer products are called?

A shopping products

B specialty products

C unsought products

D sought products

Review Detailed Answer

Correct Answer: shopping products

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The services or products that customers buy immediately after noticing are classified as?

In the ‘maturity stage of product life cycle’ the cost per customer is?

The pricing technique in which the customer pays delivery charges for the shipment from factory to the destined address is classified as?

The type of reduction made from list price is classified as?

The issue arise from pricing when big seller sells below cost to put the new small competitors out of business and capture large market share is classified as?

Considering products and service classification, the marketing offering such as furniture is an example of?

If a customer buys a cell phone and buy the Bluetooth hands free later then pricing strategy used in this situation is called?

To form significant picture of the world, the process of information selection, organizing and interpreting is referred as?

In PLC stages, the stage in which the product has rapid market acceptance and profits are likely to increase slightly is called?

The less frequently purchased consumer products are called?