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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 market segmented on the basis of knowledge level of customers regarding such as ‘unaware, aware, interested and desirous customers’ is included in?

A geographic segmentation

B demographic segmentation

C psychographic segmentation

D behavioral segmentation

Review Detailed Answer

Correct Answer: behavioral segmentation

The process of managing upstream and downstream of final goods, flow of raw materials and information about resellers and final consumers is classified as?

A marketing logistics network

B supply chain management

C delivery network

D physical distribution network

Review Detailed Answer

Correct Answer: supply chain management

The computer giant Dell have an idea storming website used to ask customers for improvement suggestions is an example of?

A internal sourcing

B crowdsourcing

C off shoring

D off sourcing

Review Detailed Answer

Correct Answer: crowdsourcing

The management of new product development strategy includes?

A customer centered development

B team based development

C systematic product development

D all of above

Review Detailed Answer

Correct Answer: all of above

The marketing channel that involves no intermediaries to made their products available to final buyers is classified as?

A direct channel

B indirect channel

C flexible channel

D static channel

Review Detailed Answer

Correct Answer: direct channel

The arrangement of vertical management system in which non-dependent firms for production and distribution works together through contracts is classified as?

A full time VMS

B contractual VMS

C administered VMS

D corporate VMS

Review Detailed Answer

Correct Answer: contractual VMS

The new product development stage in which the concept is tested whether idea has strong appeal is called?

A concept development

B concept testing

C material testing

D market screening

Review Detailed Answer

Correct Answer: concept testing

The course of sales and profits of a product over its whole life is called?

A product life cycle

B customer lifetime value

C product management

D marketing management

Review Detailed Answer

Correct Answer: product life cycle

The highly automated storage house to receive products from various suppliers, fill area efficiently and send orders to customers efficiently is classified as?

A exclusive center

B distribution center

C inbound center

D outbound center

Review Detailed Answer

Correct Answer: distribution center

The set of organizations interdependent on each other that help in making market offerings available to customer are called?

A interactive channels

B marketing channels

C pricing channels

D basing point channels

Review Detailed Answer

Correct Answer: marketing channels

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The market segmented on the basis of knowledge level of customers regarding such as ‘unaware, aware, interested and desirous customers’ is included in?

The process of managing upstream and downstream of final goods, flow of raw materials and information about resellers and final consumers is classified as?

The computer giant Dell have an idea storming website used to ask customers for improvement suggestions is an example of?

The management of new product development strategy includes?

The marketing channel that involves no intermediaries to made their products available to final buyers is classified as?

The arrangement of vertical management system in which non-dependent firms for production and distribution works together through contracts is classified as?

The new product development stage in which the concept is tested whether idea has strong appeal is called?

The course of sales and profits of a product over its whole life is called?

The highly automated storage house to receive products from various suppliers, fill area efficiently and send orders to customers efficiently is classified as?

The set of organizations interdependent on each other that help in making market offerings available to customer are called?