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.

The kind of costs which is directly proportional to level of production are called?
A total costs
B overhead costs
C variable costs
D fixed costs
Correct Answer: variable costs
The brand’s superiority is based on its?
A point of differences
B points of priority
C points of membership category
D point of similarities
Correct Answer: point of differences
According to ‘Maslow’s hierarchy of needs’, the sense and need of belonging is classified as?
A physiological needs
B social needs
C safety needs
D esteem needs
Correct Answer: social needs
The ‘buyer’s black box’ consists of?
A characteristics of buyers
B technological factors
C the cultural environment
D the economic environment
Correct Answer: characteristics of buyers
The cost of products or services are considered to set?
A floor for cost
B ceiling for prices
C floor for prices
D ceiling for cost
Correct Answer: floor for prices
The types of good value pricing includes?
A everyday low pricing
B high low pricing
C low high pricing
D both a and b
Correct Answer: both a and b
Firstly, the marketers must think about?
A Four Cs
B Four Ps
C Four Ds
D Four Ts
Correct Answer: Four Cs
The legal and management consulting are best classified as?
A industry supplies
B industry services
C business advisory services
D accessory equipment
Correct Answer: business advisory services
The types of vertical marketing system are?
A contractual VMS
B corporate VMS
C administered VMS
D all of above
Correct Answer: all of above
The most crucial and first step in marketing process is?
A Designing a marketing strategy
B Create customer delight
C Understanding customer needs and wants
D Capturing value from customers
Correct Answer: Understanding customer needs and wants