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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

The building of understanding, individual customer offerings and deeper relationships is the part of ____________?
A customer acquisition process
B the new-offering process
C customer relationship management
D the strategic management process
Correct Answer: customer relationship management
The ‘value chain’ identifies primary activities and __________?
A Four support activities
B Five support activities
C Six support activities
D Seven support activates
Correct Answer: Four support activities
The phases in value creation sequence process does not include __________?
A choosing the value
B communicating the value
C providing the value
D making the superior product
Correct Answer: making the superior product
The planning of marketing tactics, merchandising and customer services is the part of ___________?
A strategic marketing plan
B market opportunities
C tactical marketing plan
D firm’s financial plan
Correct Answer: tactical marketing plan
The process of planning where to allocate the funds of business unit is the part of planning under __________?
A division level
B business level
C corporate level
D decision level
Correct Answer: division level
The last divisional level for firm’s planning is __________?
A planning at decision level
B planning at business level
C planning at corporate level
D planning at production level
Correct Answer: planning at production level
The structure, policies and corporate culture to change business environment are called __________?
A organization
B company
C conglomerate
D diversified market
Correct Answer: organization
The shared values, norms, stories and beliefs characterizing the organization are called __________?
A organizational culture
B departmental culture
C business environment
D analytical environment
Correct Answer: organizational culture
In the value creation, ‘communicating the value’ phase includes __________?
A utilizing the social media sources
B utilizing raw materials
C utilizing the competencies
D utilizing the capabilities
Correct Answer: utilizing the social media sources
Most of the time, the company’s specialized departments handle the ___________?
A support activities
B primary activities
C financial activities
D supplying activities
Correct Answer: support activities
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