Management Sciences 5308 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.

Considering the Dutch auctions, the technique in which the potential auctioneer offers the lowest to compete, is used in situation of __________?

A One seller, many buyers

B One buyer, many sellers

C many sellers, many buyers

D one buyer, one seller

Review Detailed Answer

Correct Answer: One buyer, many sellers

The techniques involved in promotional pricing are ________?

A loss leader pricing

B cash rebates

C low interest pricing

D all of the above

Review Detailed Answer

Correct Answer: cash rebates

The low prices of shoes for marathon participating athletes is an example of __________?

A special customer pricing

B special event pricing

C loss leader pricing

D cash rebates

Review Detailed Answer

Correct Answer: special customer pricing

The selling practice of companies in which company charges two or more prices without any difference in costs is classified as __________?

A price functionality

B price rebates

C price discrimination

D price leadership

Review Detailed Answer

Correct Answer: price discrimination

The price discrimination in which same product is charged differently at different places even though cost of offering the product is exactly same is known as ________?

A customer segment pricing

B product-form pricing

C location pricing

D channel pricing

Review Detailed Answer

Correct Answer: location pricing

The price reduction is awarded to buyers who buy services and goods in off-season is classified as __________?

A oligopolistic discount

B equalizing discount

C offset discount

D seasonal discount

Review Detailed Answer

Correct Answer: seasonal discount

The extra payment awarded to resellers for their participation in special programs is classified as __________?

A allowance

B offset discount

C seasonal discount

D equalizing discount

Review Detailed Answer

Correct Answer: allowance

The factor which does not lead in product price increasing is _________?

A cost inflation

B over demand

C anticipatory pricing

D predatory pricing

Review Detailed Answer

Correct Answer: predatory pricing

The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?

A push pricing strategy

B market penetration pricing

C market skimming pricing

D quality leadership pricing

Review Detailed Answer

Correct Answer: market skimming pricing

The reduction of price awarded to the customers who pay their bills promptly is classified as ________?

A non-functional discount

B discount

C quantity discount

D descriptive discount

Review Detailed Answer

Correct Answer: discount

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Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Considering the Dutch auctions, the technique in which the potential auctioneer offers the lowest to compete, is used in situation of __________?

The techniques involved in promotional pricing are ________?

The low prices of shoes for marathon participating athletes is an example of __________?

The selling practice of companies in which company charges two or more prices without any difference in costs is classified as __________?

The price discrimination in which same product is charged differently at different places even though cost of offering the product is exactly same is known as ________?

The price reduction is awarded to buyers who buy services and goods in off-season is classified as __________?

The extra payment awarded to resellers for their participation in special programs is classified as __________?

The factor which does not lead in product price increasing is _________?

The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?

The reduction of price awarded to the customers who pay their bills promptly is classified as ________?

Contact Info

Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Accounting Mcqs 1450

Auditing Mcqs 145

Finance Mcqs 1051

HRM Mcqs 940

Marketing Mcqs 1722

Considering the Dutch auctions, the technique in which the potential auctioneer offers the lowest to compete, is used in situation of __________?

The techniques involved in promotional pricing are ________?

The low prices of shoes for marathon participating athletes is an example of __________?

The selling practice of companies in which company charges two or more prices without any difference in costs is classified as __________?

The price discrimination in which same product is charged differently at different places even though cost of offering the product is exactly same is known as ________?

The price reduction is awarded to buyers who buy services and goods in off-season is classified as __________?

The extra payment awarded to resellers for their participation in special programs is classified as __________?

The factor which does not lead in product price increasing is _________?

The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?

The reduction of price awarded to the customers who pay their bills promptly is classified as ________?