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Management Sciences 5307 MCQs [All-Courses]

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.

In today’s global world, an outsourcing of products or services from lower cost countries is classified as __________?

A differential in-sourcing

B off-shoring

C incremental outsourcing

D differential outsourcing

Review Detailed Answer

Correct Answer: off-shoring

The normal activity range in which there is relationship between activity and costs is classified as _____________?

A relevant range

B irrelevant range

C cause range

D effective range

Review Detailed Answer

Correct Answer: relevant range

The costs that behaves as irrelevant costs in process of decision making are classified as ___________?

A past costs

B future costs

C expected costs

D sunk costs

Review Detailed Answer

Correct Answer: past costs

The companies that buy the raw materials and convert them into the finished goods for customers are a part of ____________?

A manufacturing sector companies

B merchandising sector companies

C service sector companies

D raw material companies

Review Detailed Answer

Correct Answer: manufacturing sector companies

The low level managers in organizations are to make decisions about _____________?

A net income irrelevancy

B operating income maximization

C operating income minimization

D operating income relevancy

Review Detailed Answer

Correct Answer: operating income maximization

The merchandising sector companies include _____________?

A food processing companies

B automotive companies

C distribution companies

D advertising agencies

Review Detailed Answer

Correct Answer: distribution companies

The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as __________?

A value costs

B future function costs

C business function costs

D sunk function costs

Review Detailed Answer

Correct Answer: business function costs

The manufacturing sector companies include ____________?

A distribution companies

B textile companies

C retailing companies

D internet service providers

Review Detailed Answer

Correct Answer: textile companies

The production of goods or services that can be bought from outside suppliers is classified as ___________?

A idle sourcing

B sunk sourcing

C outsourcing

D in-sourcing

Review Detailed Answer

Correct Answer: in-sourcing

If the total manufacturing cost is $60000 and the total units manufactured is 3000 units, then the per unit cost will be ____________?

A $40

B $20

C $60

D $80

Review Detailed Answer

Correct Answer: $20

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

In today’s global world, an outsourcing of products or services from lower cost countries is classified as __________?

The normal activity range in which there is relationship between activity and costs is classified as _____________?

The costs that behaves as irrelevant costs in process of decision making are classified as ___________?

The companies that buy the raw materials and convert them into the finished goods for customers are a part of ____________?

The low level managers in organizations are to make decisions about _____________?

The merchandising sector companies include _____________?

The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as __________?

The manufacturing sector companies include ____________?

The production of goods or services that can be bought from outside suppliers is classified as ___________?

If the total manufacturing cost is $60000 and the total units manufactured is 3000 units, then the per unit cost will be ____________?