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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 services such as airlines and hotels are classified as?
A shopping products
B unsought augmented products
C sought specialty products
D unsought convenience products
Correct Answer: shopping products
If the lawn mower is bought for house backyard, the lawn mower is classified as?
A consumer products
B industrial products
C augmented products
D specialty products
Correct Answer: consumer products
The pricing strategies related to product mix consists of?
A product bundle pricing
B by-product pricing
C captive product pricing
D all of above
Correct Answer: all of above
The maintenance and business advisory services are included in
A business services
B business supplies
C industry capital items
D accessory equipment
Correct Answer: business services
Finding and developing the alternative concepts is part of?
A concept development
B product development
C customer retention
D supply chain management
Correct Answer: concept development
The competitors in the growth stage of product life cycle are?
A few
B growing number
C stable but begins declining
D declining number
Correct Answer: growing number
In PLC stages, the stage in which the company’s investment costs mount is classified as?
A testing stage
B development stage
C buying stage
D merger stage
Correct Answer: development stage
The distribution of branded products through one or few outlets is called?
A unsought products
B industrial products
C specialty products
D augmented products
Correct Answer: specialty products
The kind of allowances that are made to reward dealers for participating in support programs and other advertising campaigns are called?
A optional product allowances
B seasonal allowances
C functional allowances
D promotional allowances
Correct Answer: promotional allowances
The two broad strategies for new products are?
A market skimming pricing
B market penetration pricing
C product line pricing
D both a and b
Correct Answer: both a and b
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