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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

In the product life cycle, the decline stage consists of?
A low sales
B rapidly rising sales
C peak sales
D declining sales
Correct Answer: declining sales
The ‘marketing strategy statement’ first part consists of?
A target market
B planned value proposition
C sales, profit goals, market share
D developing mission statement
Correct Answer: target market
The standard shape of curve of product life cycle is mostly followed by?
A product classes
B product forms
C branding
D product perception
Correct Answer: product forms
The PLC stage in which recently developed product is made available to customers for first time purchase is called?
A introductory stage
B business analysis stage
C market analysis stage
D product marketing stage
Correct Answer: introductory stage
Public relations’ can be classified as?
A Place
B Product
C Price
D Promotion
Correct Answer: Promotion
The pricing strategy in which company divides location into different sectors and charge same price for each sector is classified as?
A freight on board origin pricing
B zone pricing
C basing point pricing
D uniform delivered pricing
Correct Answer: zone pricing
According to ‘real-win-worth doing’ proposition, company analysis about competitive advantage is part of?
A real
B win
C worth doing
D less worthy
Correct Answer: win
In business buying process, the group having informal or formal power of approving suppliers is classified as?
A user
B influencer
C decider and gatekeeper
D buyer
Correct Answer: decider and gatekeeper
The second step in new product development is?
A idea generation
B product development
C idea screening
D business screening
Correct Answer: idea screening
The pricing strategy in which prices are set lower to actual price to trigger short term sales is classified as?
A promotional pricing
B short term pricing
C quick pricing
D cyclical pricing
Correct Answer: promotional pricing
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