M C Q s D r i v e

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.

The pricing strategy for products or services in which company charges higher prices everyday but run promotion for low prices for selective products is called?
A low high pricing
B every day same pricing
C everyday low pricing
D high low pricing
Correct Answer: high low pricing
In business buying process, the participants involved are?
A user
B influencer
C decider and gatekeeper
D buyer
Correct Answer: buyer
To avoid complex buying situation, the buying of packaged solution from single seller is considered as?
A new task
B modified rebuy
C straight rebuy
D solutions selling
Correct Answer: solutions selling
The pricing strategy in which the price set must cover the product cost plus target profit is classified as?
A value based pricing
B cost based pricing
C discount based pricing
D ceiling based pricing
Correct Answer: cost based pricing
The growth share matrix divides SBU’s in
A 2 types
B 3 types
C 4 types
D 5 types
Correct Answer: 4 types
The way of selling in which groups of people are involved from various departments such as finance, engineering and marketing to serve large accounts is called?
A nominal selling
B territorial selling
C team selling
D group selling
Correct Answer: team selling
The process which involves comparing alternative suppliers for buying raw materials needed in production is classified as?
A business buyer behavior
B derived demand
C business buying process
D cognitive dissonance
Correct Answer: business buying process
In consumer promotions, the certificates given to product buyers which confirms savings when they buy particular items are called?
A sample
B coupon
C premium
D cash refunds
Correct Answer: coupon
The stage in which the business buyer invites supplier to submit proposals is classified as?
A supplier selection
B proposal solicitation
C supplier search
D order specification
Correct Answer: proposal solicitation
The business buying situation in which the order is placed for first time is?
A new task
B modified rebuy
C straight rebuy
D solutions selling
Correct Answer: new task