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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 difference between perceived costs and perceived benefits is classified as________?
A buyer’s incentive
B seller’s incentive
C corporate incentive
D competitor’s incentive
Correct Answer: buyer’s incentive
The websites on which customer can order through distributed catalogs are classified as_________?
A ordering sites
B catalog sites
C procurement sites
D distribution sites
Correct Answer: catalog sites
The simple and routine exchanges with moderate level of cooperation and exchange of information is classified as________?
A basic buying and selling
B contractual selling
C contractual buying
D cooperative systems
Correct Answer: basic buying and selling
In business markets, the technical sources have great importance in the___________?
A interest stage
B evaluation stage
C initial awareness stage
D trial stage
Correct Answer: evaluation stage
The eight stages in buying process is called__________?
A buy phase
B purchase phase
C sell phase
D off phase
Correct Answer: buy phase
A company’s operations to link private changes with special group of suppliers are classified as_________?
A public exchanges
B private exchanges
C spot markets
D exchange markets
Correct Answer: private exchanges
The market which consists the large number of buyers of product that are supplied, rented or sold to others is classified as_________?
A consumer market
B business market
C organization market
D large markets
Correct Answer: business market
The individuals who use the products and initiate defining the product requirements are classified as_________?
A users
B influencers
C deciders
D initiators
Correct Answer: users
The buying situation in which purchases are ordered from suppliers on an approved list is classified as_________?
A modified task
B straight rebuy
C new task
D modified rebuy
Correct Answer: straight rebuy
The individuals or groups that influence buying decision and provide information of alternatives are classified as_________?
A users
B influencers
C deciders
D initiators
Correct Answer: influencers
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