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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

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
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
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