M C Q s D r i v e

Management Sciences 5308 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 stage of product life cycle in which the product has achieved acceptance from its potential buyers is called?

A maturity stage
B productive stage
C improved market stage
D profit achieved stage
Correct Answer: maturity stage

The reduction in prices made on larger purchases is classified as?

A bargained reduction
B discount
C allowance
D price segment
Correct Answer: discount

The new product pricing strategy through which company makes more profitable sales by selling out fewer units is classified as?

A optional product pricing
B price skimming
C price penetration
D product line pricing
Correct Answer: price skimming

The luxury products such as Rolex watches are best classified as?

A unsought specialty products
B sought services
C specialty products
D convenience products and services
Correct Answer: specialty products

The basing point pricing, uniform delivered pricing, zone pricing and freight absorption pricing are all types of?

A promotional pricing
B geographical pricing
C cyclical pricing
D short term pricing
Correct Answer: geographical pricing

The pricing strategy used to set prices for products that are optional with the main product bought is called?

A competitive pricing
B captive product pricing
C optional product pricing
D product line pricing
Correct Answer: optional product pricing

The question of buyer “what I am really buying?” is addresses in strategy called?

A targeting strategy
B intangible products
C positioning statement
D customer core value
Correct Answer: customer core value

The pure tangible good and pure services are two extremes of?

A market offering
B exchange of goods
C ownership
D logistic channels
Correct Answer: market offering

The portable factory equipment such as lift trucks is an example of?

A industrial accessory equipment
B industrial office equipment
C fixed equipment
D installation
Correct Answer: industrial accessory equipment

The products that consumer doses not really consider buying is classified as?

A unsought consumer products
B sought services
C sought industrial product
D unsought augmented product
Correct Answer: unsought consumer products