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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 network of company’s supply chain and its customers is called?
A Value chain
B Value delivery network
C Both a and b
D None of above
Correct Answer: Value delivery network
The independent service provider of logistics who can do all the functions required by clients is classified as?
A public held logistic provider
B privately held logistic provider
C Third party logistics provider
D single part logistics provider
Correct Answer: Third party logistics provider
The Company whose strategies are based on the idea of delivering superior brand value to its targeted segment is classified as?
A competitor centered company
B customer centered company
C profit centered company
D market centered company
Correct Answer: customer centered company
The kind of advantage gained by offering greater value to customers as compared to competitors is classified as?
A competitive advantage
B corporate advantage
C branding advantage
D premium advantage
Correct Answer: competitive advantage
The process which involves controlling, implementing and planning the materials and final goods to meet final customer at high profits is classified as?
A exclusive distribution
B exclusive dealing
C physical distribution
D supply chain management
Correct Answer: physical distribution
The strategy of launching new product in new market is known as?
A Market penetration
B Product development
C Market development
D Diversification
Correct Answer: Diversification
The marketing channel that involves one or more intermediaries to made their products available to final buyers is classified as?
A flexible channel
B static channel
C direct channel
D indirect channel
Correct Answer: direct channel
The breakeven pricing strategy is also called?
A learning pricing
B marginal pricing
C target return pricing
D markup return pricing
Correct Answer: target return pricing
The concept of logistics which focuses on teamwork in the whole supply chain management to maximize performance of a distribution system is classified as?
A integrated logistics management
B intermodal logistics management
C intra-modal logistics management
D exclusive logistics management
Correct Answer: integrated logistics management
The kind of understanding the company gets from marketing information is known as?
A marketing information system
B customer insights
C competitive marketing database
D variable testing data base
Correct Answer: customer insights
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