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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

A company’s microenvironment, the ‘citizen-action publics’ consists of?
A minority groups
B stockholders
C Community organizations
D both b and c
Correct Answer: minority groups
The market which is divided on the basis of ‘income scale and family size of customers’ is an example of?
A geographic segmentation
B demographic segmentation
C psychographic segmentation
D behavioral segmentation
Correct Answer: demographic segmentation
The set of distinctive and basic modes of expression is called?
A styles
B fashion
C fads
D followers
Correct Answer: styles
The sales in maturity stage of product life cycle are recorded as?
A low sales
B rapidly rising
C very peaked
D declining
Correct Answer: very peaked
The strategy that focuses on smaller segments and attract only few competitors is called?
A mass marketing
B segmented marketing
C niche marketing
D micromarketing
Correct Answer: niche marketing
The PLC concept which consists of longest life cycles is classified as?
A product classes
B product forms
C branding
D product perception
Correct Answer: product classes
The number of competitors in the decline stage of product life cycle are?
A few
B continuously growing
C stable but begins declining
D declining in number
Correct Answer: declining in number
The resources such as forests and food are known as?
A renewable resources
B non-renewable resource
C Both a and b
D none of above
Correct Answer: renewable resources
Buying of products by government agencies is classified as?
A business markets
B reseller markets
C government markets
D international markets
Correct Answer: government markets
Top management sets the company’s?
A Mission
B Objectives
C Vision
D All of above
Correct Answer: All of above
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