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Management Sciences 5308 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  5308

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
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

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