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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.

The SBU’s of a company with low market share and growth rate are considered in?

A Stars

B Dogs

C Cash Cows

D Question marks

Review Detailed Answer

Correct Answer: Dogs

The kind of products that does not provide immediate satisfaction neither provide long term benefits to consumers are classified as?

A deficient products

B pleasing products

C salutary products

D desirable products

Review Detailed Answer

Correct Answer: deficient products

From the buyer’s point of view, the product is considered as?

A Customers cost

B Customer solution

C Convenient availability

D Communication

Review Detailed Answer

Correct Answer: Customers cost

In measuring consumer’s major AIO dimensions, the ‘activities’ includes?

A social events

B social issues

C recreation

D both a and b

Review Detailed Answer

Correct Answer: social events

Considering the strategic planning, the ‘Organizations purpose’ statement is known as?

A Vision statement

B Mission statement

C Value proposition

D Both a and b

Review Detailed Answer

Correct Answer: Mission statement

According to marketing four Ps, the credit terms can be classified as?

A Place

B Product

C Price

D Promotion

Review Detailed Answer

Correct Answer: Price

Permanent and ordered division in society on basis of values and interests is called?

A social class

B culture

C subculture

D both b and c

Review Detailed Answer

Correct Answer: social class

The situation in which company is making more sales with its existing product is classified as?

A Market development

B Market penetration

C Product development

D Diversification

Review Detailed Answer

Correct Answer: Market penetration

The loss in sales because of poor quality raw materials have been used in production is concluded in companys?

A Strengths

B Weaknesses

C Opportunities

D Threats

Review Detailed Answer

Correct Answer: Opportunities

The pricing strategy which starts with ideal price and targets the cost which ensures that set price will be met is classified as?

A target costing

B marginal costing

C learning curve costing

D demand based costing

Review Detailed Answer

Correct Answer: target costing

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The SBU’s of a company with low market share and growth rate are considered in?

The kind of products that does not provide immediate satisfaction neither provide long term benefits to consumers are classified as?

From the buyer’s point of view, the product is considered as?

In measuring consumer’s major AIO dimensions, the ‘activities’ includes?

Considering the strategic planning, the ‘Organizations purpose’ statement is known as?

According to marketing four Ps, the credit terms can be classified as?

Permanent and ordered division in society on basis of values and interests is called?

The situation in which company is making more sales with its existing product is classified as?

The loss in sales because of poor quality raw materials have been used in production is concluded in companys?

The pricing strategy which starts with ideal price and targets the cost which ensures that set price will be met is classified as?