M C Q s D r i v e

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.

The industries such as agriculture, fisheries, construction and transportation, together up the________?
A organization market
B large markets
C large buying
D business market
Correct Answer: business market
The supplier-buyer relationships are categorized into__________?
A Four categories
B Five categories
C Seven categories
D Eight categories
Correct Answer: Eight categories
The deciders and buyers in companies are classified as_________?
A evaluators
B approvers
C buyers
D selectors
Correct Answer: approvers
Mostly in the business markets, the number of buyers are_________?
A few and small buyers
B few and large buyers
C more and small buyers
D more and large buyers
Correct Answer: few and large buyers
The formal decision making process by which large organization buy the services and products is classified as_________?
A organizational buying
B large buying
C small buying
D procedure buying
Correct Answer: organizational buying
The buying mode in which the buyer changes product prices and requirements is classified as________?
A modified rebuy
B modified buy
C modified buyers
D modified task
Correct Answer: modified rebuy
The types of electronic procurement hubs are_________?
A geographical hubs
B vertical hubs
C functional hubs
D both B and C
Correct Answer: both B and C
The business markets include:__________?
A insurance companies
B public utilities
C government institutions
D all of the above
Correct Answer: all of the above
The electronic markets in which prices fluctuate in every second are classified as_________?
A spot markets
B exchange markets
C vertical markets
D both A and B
Correct Answer: both A and B
The buying center includes all the organizations who play roles as_________?
A initiators and users
B deciders and approvers
C buyers and gatekeepers
D all of the above
Correct Answer: all of the above