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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

The Company’s key businesses are known as?
A Portfolio analysis
B Strategic Business Units (SBU’s)
C Both a and b
D None of above
Correct Answer: Strategic Business Units (SBU’s)
The buying of products such as ‘fast food’ is an example of?
A difficult products
B sought services
C sought products
D convenient products
Correct Answer: convenient products
The products or market offering bought by consumers for personal consumption are classified as?
A augmented product
B consumer products
C industrial products
D intangible services
Correct Answer: consumer products
The sum of variable costs and fixed costs is called?
A total costs
B overhead costs
C markup costs
D both a and b
Correct Answer: total costs
The major pricing strategies does not includes?
A competition based pricing
B customer value based pricing
C cost based pricing
D discount and bonus pricing
Correct Answer: discount and bonus pricing
In growth-share matrix, the high growth and high share SBU’s are considered as?
A Stars
B Cash Cows
C Question marks
D Dogs
Correct Answer: Stars
The kind of products that provides immediate satisfaction and also provide long term benefits to consumers are classified as?
A deficient products
B pleasing products
C salutary products
D desirable products
Correct Answer: desirable products
The kind of products that does not provide immediate satisfaction but provide long term benefits to consumers are classified as?
A deficient products
B pleasing products
C salutary products
D desirable products
Correct Answer: salutary products
Evaluation of the profitability of each segment is called?
A Targeting
B Market segmentation
C Positioning
D Differentiation
Correct Answer: Targeting
The only element which is cause of income for company is?
A price
B tax
C discount
D value added tax
Correct Answer: price
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