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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 buying situation in which suppliers make effort to maintain quality of materials is classified as_________?
A straight rebuy
B turned rebuy
C new buy
D purpose buying
Correct Answer: straight rebuy
When customers are given with the perspective that allows the company to put its best services forward are classified as__________?
A framing
B outsourcing
C off shoring
D selling
Correct Answer: framing
In new-task buying mode, the business buyer makes the__________?
A new decisions
B modified purchases
C fewest decision
D most of the decision
Correct Answer: most of the decision
In modified rebuy, the suppliers that see opportunities to expand business are classified as________?
A in-suppliers
B out-suppliers
C modified suppliers
D new suppliers
Correct Answer: out-suppliers
The markets which include buying from manufacturers rather than intermediaries is classified as________?
A relative buyers
B price sensitive buyers
C business markets
D consumer markets
Correct Answer: business markets
The buying mode which requires additional participants at buyers and suppliers end is best classified as__________?
A modified buyers
B modified task
C modified rebuy
D modified buy
Correct Answer: modified rebuy
The industrial strategy to build large scale industries by bidding process is classified as_________?
A systems buying
B management supplies
C systems contracting
D system selling
Correct Answer: system selling
The stronger buyer and seller ties are facilitated in__________?
A vertical coordination
B horizontal coordination
C contract coordination
D selling coordination
Correct Answer: vertical coordination
The business buyers seek the benefits in economic, social and technical terms and in total classified as_________?
A highest benefit package
B lowest benefit package
C medium benefit package
D initiating benefit package
Correct Answer: highest benefit package
The expenditures that are tailored to particular value chain and organization are classified as________?
A vertical investments
B horizontal investments
C specific investments
D contractual investments
Correct Answer: specific investments
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