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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 third step of cost based pricing is to?
A design a product
B determine cost of product
C set price based on cost
D convince buyer about products value
Correct Answer: set price based on cost
The ‘preplanned funeral services’ are classified as?
A unsought services
B augmented services
C industrial services
D specialty products
Correct Answer: unsought services
The industry installations consists of major purchases such as?
A buildings
B fixed equipment
C accessory and office equipment
D all of above
Correct Answer: all of above
The products that customers buy after comparing suitability of products are classified as?
A non-shopping products
B shopping products
C specialty products
D unsought products
Correct Answer: shopping products
The personal selling technique is frequently used in marketing mix designed for?
A sought industrial products
B specialty industrial products
C shopping consumer products
D augmented products
Correct Answer: shopping consumer products
The services provided by medical and legal specialists are considered as?
A unsought products
B shopping products
C specialty products
D industrial convenient products
Correct Answer: specialty products
The targeted promotion by the producers and resellers of market offerings is a must for marketing mix of?
A sought products
B unsought products
C specialty products
D industrial unsought products
Correct Answer: specialty products
The specific brands of luxury cars are classified as?
A consumer products
B augmented product
C industrial products
D de-augmented product
Correct Answer: consumer products
The industrial products can be classified into?
A Three groups
B Two groups
C Four groups
D Five groups
Correct Answer: Three groups
The clothing line of fashion designers is best classified as?
A unsought product
B specialty shopping products
C industrial products
D specialty products
Correct Answer: specialty products

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