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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 strategy formulation, the forces that must be focused for industry analysis include ________?
A potential entrants in market
B customer’s bargaining power
C supplier’s bargaining power
D all of above
Correct Answer: all of above
Which one of the following is the main advantage of quantitative method?
A non expression
B non constant
C objective
D non objective
Correct Answer: objective
In operating income strategic analysis, the strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as __________?
A internal process component
B growth component
C price recovery component
D productivity component
Correct Answer: price recovery component
The large residual term and negative slope of line indicate?
A inverse proportion
B direct proportion
C badness proportions
D goodness proportion
Correct Answer: inverse proportion
The quantity of produced output is divided by quantity of used input to calculate __________?
A targeted productivity
B total factor productivity
C partial productivity
D unused productivity
Correct Answer: partial productivity
In quantitative analysis to estimate cost function, the fourth step is to __________?
A write a liner function
B write price function
C write manufacturing function
D plot the data
Correct Answer: plot the data
If the quantity of manufactured jackets is 2250000 units and the leather used to produce the output is 3500000 m², then direct partial productivity of material will be ___________?
A 0.642 unit of jacket per ² of leather
B 0.342 unit of jacket per ² of leather
C 0.442 unit of jacket per ² of leather
D 0.542 unit of jacket per ² of leather
Correct Answer: 0.642 unit of jacket per ² of leather
Evaluation criteria of regression equation must be considered as ____________?
A goodness of fit
B economic plausibility
C significance of independent variable
D all of above
Correct Answer: all of above
An example of financial perspective in balanced scorecard is ___________?
A employee turnover rates
B operating capabilities and number of patents
C operating income and revenue growth
D customer satisfaction and market share
Correct Answer: operating income and revenue growth
Estimation of cost functions of an ignoring information from all points, but considering two observation points, can be classified as _________?
A disadvantage of low high method
B disadvantage of high low method
C advantage of high low method
D advantage of low high method
Correct Answer: disadvantage of high low method
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