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.

When any firm sells its market offering too many different market segments, it is classified as _________?

A product specialization

B market specialization

C single product concentration

D mass customization

Review Detailed Answer

Correct Answer: product specialization

When the firm concentrates on serving needs of any specific customer group, it is considered as __________?

A product specialization

B market specialization

C single product concentration

D mass customization

Review Detailed Answer

Correct Answer: market specialization

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________?

A the stretch dimension

B the strength dimension

C the horizontal dimension

D the vertical dimension

Review Detailed Answer

Correct Answer: the vertical dimension

The fun-loving and trendy people whom resources are constrained and limited are classified as _________?

A non-believers

B believers

C strivers

D non-strivers

Review Detailed Answer

Correct Answer: strivers

The conventional people with concrete beliefs and conservative are called ___________?

A non-believers

B believers

C strivers

D non-strivers

Review Detailed Answer

Correct Answer: believers

The people who express taste and independence are classified as ____________?

A actualizes

B non-actualizes

C makers

D non-makers

Review Detailed Answer

Correct Answer: actualizes

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________?

A strivers

B non-strivers

C non-believers

D believers

Review Detailed Answer

Correct Answer: believers

The people who don’t have to spend much on products are considered as ________?

A savvy shoppers

B non-savvy shoppers

C enthusiast

D non-enthusiast

Review Detailed Answer

Correct Answer: savvy shoppers

The passive people who are very concerned about their favorite brands are considered as _________?

A survivors

B non-survivors

C destroyers

D makers

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Correct Answer: survivors

The potential and attractive target market are classified as __________?

A traditionalist

B savvy shoppers

C overwhelmed

D non-enthusiast

Review Detailed Answer

Correct Answer: overwhelmed

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Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

When any firm sells its market offering too many different market segments, it is classified as _________?

When the firm concentrates on serving needs of any specific customer group, it is considered as __________?

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________?

The fun-loving and trendy people whom resources are constrained and limited are classified as _________?

The conventional people with concrete beliefs and conservative are called ___________?

The people who express taste and independence are classified as ____________?

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________?

The people who don’t have to spend much on products are considered as ________?

The passive people who are very concerned about their favorite brands are considered as _________?

The potential and attractive target market are 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

When any firm sells its market offering too many different market segments, it is classified as _________?

When the firm concentrates on serving needs of any specific customer group, it is considered as __________?

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________?

The fun-loving and trendy people whom resources are constrained and limited are classified as _________?

The conventional people with concrete beliefs and conservative are called ___________?

The people who express taste and independence are classified as ____________?

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________?

The people who don’t have to spend much on products are considered as ________?

The passive people who are very concerned about their favorite brands are considered as _________?

The potential and attractive target market are classified as __________?