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.

An approach which is used to manage unused capacity is __________?
A reengineering
B downsizing
C upgrading
D none of above
Correct Answer: downsizing
The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are called ___________?
A customer cost hierarchy
B customer profitability hierarchy
C treasury costing hierarchy
D partial costing hierarchy
Correct Answer: customer cost hierarchy
An example of learning and growth 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: employee turnover rates
An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as ___________?
A partial productivity analysis
B treasury cost analysis
C customer profitability analysis
D customer cost analysis
Correct Answer: customer profitability analysis
The fundamental redesigning and rethinking of business processes to improve critical measures such as quality, speed, cost and customer satisfaction are called ___________?
A reengineering
B differentiation
C bargaining
D targeting
Correct Answer: reengineering
In corporate costs, the cost incurred to finance construction of new equipment are classified as ___________?
A treasury costs
B discretionary costs
C human resource management costs
D corporate administration costs
Correct Answer: treasury costs
The translation of organization strategy, and mission into performance measures to provide framework for strategy implementation is termed as __________?
A differentiation scorecard
B bargaining scorecard
C leadership scorecard
D balanced scorecard
Correct Answer: balanced scorecard
If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be __________?
A $8,000
B $80,000
C $62,000
D $35,000
Correct Answer: $8,000
An example of direct engineered cost is _________?
A indirect material cost
B direct material cost
C direct labor cost
D indirect labor cost
Correct Answer: direct material cost
For increasing sales, the decrease in selling price, below the selling price list is known as ____________?
A partial discount
B corporate discount
C treasury discount
D price discount
Correct Answer: price discount