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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 persons feeling of pleasure which results in products performance that match expectations is called __________?
A satisfaction
B dissatisfaction
C distinctive proposition
D superior value
Correct Answer: satisfaction
The discount in a well manner way on performance, awarded by the manufacturers to the members of distribution channels is classified as _________?
A non-functional discount
B functional discount
C quantity discount
D descriptive discount
Correct Answer: functional discount
The ‘market-penetration strategy’ is used to gain market share in __________?
A current product in current market
B current products in new market
C new products for new markets
D new products in new market
Correct Answer: current product in current market
The value creation process and value delivery sequence can be divided into ___________?
A Three phases
B Four phases
C Five phases
D Six phases
Correct Answer: Three phases
The rental car services and hotels sometime offer mutual discount is an example of ___________?
A pricing collaborations
B transport alliances
C room service alliances
D special discounts
Correct Answer: pricing collaborations
The second phase of value creation sequence is _________?
A providing the value
B choosing the value
C making the value
D communicating the value
Correct Answer: providing the value
The ‘product-development strategy’ is used to gain market share __________?
A new products in new market
B current product in current market
C new products in current markets
D new products for new markets
Correct Answer: new products in current markets
The process of defining the focus of selling to potential market is called __________?
A strategic market definition
B financial market definition
C target market definition
D business analysis definition
Correct Answer: strategic market definition
Activities in the value chain’s support are included __________?
A procurement
B technology development
C infrastructure of firm
D all of the above
Correct Answer: all of the above
In the value creation, ‘providing the value’ phase includes _________?
A determining specific features
B determining product price
C determining product inventory
D both A and B
Correct Answer: both A and B
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