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 price discrimination in which the seller charges different prices for different classes for buyers is classified as ___________?

A fourth-degree discrimination
B second-degree price discrimination
C first-degree price discrimination
D third-degree discrimination
Correct Answer: third-degree discrimination

Considering accumulated production experience, the decreasing in average cost is classified as ___________?

A experience curve
B learning curve
C observational curve
D both A and B
Correct Answer: both A and B

The pricing technique according to which seller’s charge high prices every day and offer low prices on temporary basis is classified as __________?

A high low pricing
B value pricing
C perceived pricing
D everyday low pricing
Correct Answer: everyday low pricing

The form of countertrade in which seller sells equipment to some other country and receives money and goods as payments is called ____________?

A barter
B compensation deal
C offset
D buy back arrangement
Correct Answer: barter

Considering the Dutch auctions, the technique in which the auctioneer lower the announced price till bidder accepts price is used in situation of ________?

A One seller, many buyers
B One buyer, many sellers
C many sellers, many buyers
D None of above
Correct Answer: One seller, many buyers

The type of auctions which considers both situations such as, many buyers and one seller or one seller and many buyers, is classified as ___

A Australian auctions
B English auctions
C Dutch auctions
D Sealed-bid auctions
Correct Answer: Dutch auctions

The price discrimination in which same market offers it’s priced at two different levels, on the basis of consumer perception is classified as ________?

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

The price of product is subtracted from variable cost than divided by fixed cost for calculation is __________?

A unit cost
B break-even volume
C target return price
D target return cost
Correct Answer: break-even volume

The marketing channel strategy is used for products with low brand loyalty and product, is an impulse item is classified as _________?

A bundle strategy
B shallow strategy
C push strategy
D pull strategy
Correct Answer: push strategy

The strategy based on the intermediaries involve in marketing channels do not include ___________?

A exclusive distribution
B descriptive distribution
C intensive distribution
D selective distribution
Correct Answer: descriptive distribution