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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 duplication of the market leader’s product and sells it in black market or through illegal dealers is classified as __________?

A counterfeiter

B cloner

C imitator

D adapter

Review Detailed Answer

Correct Answer: counterfeiter

The marketing response which comes into action after the change happens is classified as ______________?

A geographical anticipation

B selective anticipation

C responsive anticipation

D reactive anticipation

Review Detailed Answer

Correct Answer: reactive anticipation

The comparison of past time series as seasonal sales and sales trend is included in ____________?

A time-series analysis

B expert opinion

C sales force opinion

D buyer’s intentions

Review Detailed Answer

Correct Answer: time-series analysis

In graph of market demand, the products resulting demand is written on __________?

A market equilibrium point

B Company’s equilibrium point

C horizontal axis

D vertical axis

Review Detailed Answer

Correct Answer: vertical axis

The higher level of selective demand for the product is referred as ____________?

A product demand

B market share

C market index

D product index

Review Detailed Answer

Correct Answer: market share

The percentage of service ownership in a population is called ____________?

A product-index percentage

B market share percentage

C product potential percentage

D product-penetration percentage

Review Detailed Answer

Correct Answer: product-penetration percentage

The slow economic and technological changes which influence for larger period of times is called __________?

A super trend

B fabulous trend

C techno-socio trend

D mega trend

Review Detailed Answer

Correct Answer: mega trend

The company may expand its share in market is shown in share-penetration index, which is _____________?

A low market penetration index

B high market penetration index

C fixed index

D zero index

Review Detailed Answer

Correct Answer: low market penetration index

The events occur in a sequence that are often predictable and shape the market future is best classified as ____________?

A trend

B mega trend

C minor fad

D market disaster

Review Detailed Answer

Correct Answer: trend

When the company’s marketing expenditures affect its product sales, this is concluded as ____________?

A product-share

B sales response functions

C company market share

D potential customers

Review Detailed Answer

Correct Answer: sales response functions

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The duplication of the market leader’s product and sells it in black market or through illegal dealers is classified as __________?

The marketing response which comes into action after the change happens is classified as ______________?

The comparison of past time series as seasonal sales and sales trend is included in ____________?

In graph of market demand, the products resulting demand is written on __________?

The higher level of selective demand for the product is referred as ____________?

The percentage of service ownership in a population is called ____________?

The slow economic and technological changes which influence for larger period of times is called __________?

The company may expand its share in market is shown in share-penetration index, which is _____________?

The events occur in a sequence that are often predictable and shape the market future is best classified as ____________?

When the company’s marketing expenditures affect its product sales, this is concluded as ____________?