M C Q s D r i v e

Management Sciences 5308 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 young and impulsive people who seek excitement and variety can be the best _________?

A innovators
B non-innovators
C experiences
D non-achievers
Correct Answer: experiences

The young and impulsive people who seek excitement and variety can be the best __________?

A innovators
B non-innovators
C experiences
D non-achievers
Correct Answer: experiences

According to VALS framework, the consumer’s dimension groups having high resources do not include _________?

A innovators
B thinkers
C achievers
D strivers
Correct Answer: strivers

The pricing strategy uses by companies, operating in price sensitive market is classified as ___________?

A market penetration pricing
B market skimming pricing
C quality leadership pricing
D push pricing strategy
Correct Answer: market penetration pricing

If the demand of the product changes considerably with the small change in price then the demand is said to be __________?

A interactive
B augmented
C elastic
D inelastic
Correct Answer: elastic

On The Christmas and Easter, lower prices pricing techniques are classified as _______?

A cash rebates
B special customer pricing
C loss leader pricing
D special event pricing
Correct Answer: special event pricing

The costs of products that do not fluctuate with the level of production are classified as _________?

A quality costs
B augmented costs
C variable costs
D fixed costs
Correct Answer: fixed costs

The reduction in price awarded to customers who buy products in large volumes is classified as __________?

A non-functional discount
B discount
C quantity discount
D descriptive discount
Correct Answer: discount

If the desired return on sales is 70% and the markup price is $65 then the unit cost will be ___________?

A $30.00
B $25.50
C $19.50
D $22.50
Correct Answer: $19.50

The ice-cream brand sell their same serving of ice-cream at different locations depend on from where you can buy, is an example of ___________?

A location pricing
B channel pricing
C customer segment pricing
D product-form pricing
Correct Answer: channel pricing