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Management Sciences 5307 MCQs [All-Courses]

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 market consists on the set of customers, for which the company wants to pursue its business is called _____________?

A penetrated market

B potential market

C target market

D available market

Review Detailed Answer

Correct Answer: target market

The combination consists average past sales and most recent sales are ______________?

A exponential smoothing

B time series smoothing

C statistical smoothing

D sales forecast

Review Detailed Answer

Correct Answer: exponential smoothing

In the analysis of worldwide population growth, identifying household patterns for marketing purposes are said to be __________?

A demographic environment analysis

B geographic environment analysis

C economic environment analysis

D analysis of natural environment

Review Detailed Answer

Correct Answer: demographic environment analysis

The sales limit is expected because of increase in the marketing effort as compared to competitors is called as ____________?

A Company sales potential

B product sales potential

C market demand potential

D forecasted sales

Review Detailed Answer

Correct Answer: Company sales potential

The total number of products that will be bought by defined set of customers for specific area is called __________?

A market demand

B product demand

C services demand

D customer buying power

Review Detailed Answer

Correct Answer: market demand

The budget which is set slight lower than the sales forecast is classified as ___________?

A raw material budgeting

B product budgeting

C sales budget

D quota system

Review Detailed Answer

Correct Answer: sales budget

The potential number of buyers multiply average quantity show the ____________?

A total demand potential

B current demand

C total market potential

D total production potential

Review Detailed Answer

Correct Answer: total market potential

The ‘sales information systems’ and ‘customer data bases’ are the part of company’s ____________?

A external record

B private record

C public record

D internal record

Review Detailed Answer

Correct Answer: internal record

The market forecast shows the market demand which is ___________?

A expected

B maximum

C minimum

D None of above

Review Detailed Answer

Correct Answer: expected

In the graph of market demand function, the different companies marketing expenditures are shown on the ___________?

A horizontal axis

B vertical axis

C market equilibrium point

D Company’s equilibrium point

Review Detailed Answer

Correct Answer: horizontal axis

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Management Sciences 5307 MCQs [All-Courses]

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All Topics 5307

The market consists on the set of customers, for which the company wants to pursue its business is called _____________?

The combination consists average past sales and most recent sales are ______________?

In the analysis of worldwide population growth, identifying household patterns for marketing purposes are said to be __________?

The sales limit is expected because of increase in the marketing effort as compared to competitors is called as ____________?

The total number of products that will be bought by defined set of customers for specific area is called __________?

The budget which is set slight lower than the sales forecast is classified as ___________?

The potential number of buyers multiply average quantity show the ____________?

The ‘sales information systems’ and ‘customer data bases’ are the part of company’s ____________?

The market forecast shows the market demand which is ___________?

In the graph of market demand function, the different companies marketing expenditures are shown on the ___________?