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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

In straight rebuy buying mode, the business buyer makes the__________?
A fewest decision
B most of the decision
C new decisions
D modified purchases
Correct Answer: fewest decision
In modified rebuy, the suppliers who want to protect their business are classified as_________?
A modified suppliers
B new suppliers
C in-suppliers
D out-suppliers
Correct Answer: in-suppliers
The purchases of schools, nursing homes, prisons and other institutions are classified as_________?
A government markets
B consumer markets
C institutional markets
D business markets
Correct Answer: institutional markets
The recognition of extrinsic and interpersonal influences emphasize on strengthening of_________?
A corporate brand
B competitor’s brand
C supplier’s brand
D initiator brand
Correct Answer: corporate brand
The process of allowing flexibility for unanticipated events is classified as__________?
A adaption
B adaptation
C adoption
D communication
Correct Answer: adaptation
The industries such as media buying, energy management and advertising agencies are classified as_______?
A geographical hubs
B functional hubs
C vertical hubs
D horizontal hubs
Correct Answer: functional hubs
The individual who shapes product specifications and plays role in negotiation are classified as________?
A buyers
B suppliers
C approvers
D providers
Correct Answer: buyers
The form of undersupply relative to an explicit or implicit contract is classified as_________?
A self-serving
B opportunism
C reduced opportunities
D asset specify
Correct Answer: opportunism
The buying mode in which the buyer purchases products or services for the very first time is classified as________?
A new task
B modified task
C straight task
D in-house task
Correct Answer: new task
The individuals who request the need of purchasing something are classified as_______?
A initiators
B users
C influencers
D providers
Correct Answer: initiators
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