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 process of allowing flexibility for unanticipated events is classified as__________?

A adaption
B adaptation
C adoption
D communication
Correct Answer: adaptation

The industries such as media buying, energy management and advertising agencies are classified as_______?

A geographical hubs
B functional hubs
C vertical hubs
D horizontal hubs
Correct Answer: functional hubs

The individual who shapes product specifications and plays role in negotiation are classified as________?

A buyers
B suppliers
C approvers
D providers
Correct Answer: buyers

The form of undersupply relative to an explicit or implicit contract is classified as_________?

A self-serving
B opportunism
C reduced opportunities
D asset specify
Correct Answer: opportunism

The buying mode in which the buyer purchases products or services for the very first time is classified as________?

A new task
B modified task
C straight task
D in-house task
Correct Answer: new task

The individuals who request the need of purchasing something are classified as_______?

A initiators
B users
C influencers
D providers
Correct Answer: initiators

The process through which large organizations identify, choose and evaluate among the range of brands is classified as________?

A small buying
B procedure buying
C organizational buying
D large buying
Correct Answer: organizational buying

The markets in which participants directly exchange goods or services are classified as________?

A public markets
B barter markets
C buying markets
D private alliances
Correct Answer: barter markets

The group or individuals who decide the supplier’s and product requirements are classified as________?

A deciders
B selectors
C evaluators
D providers
Correct Answer: deciders

The technical personnel of the Company is classified as________?

A initiators
B users
C influencers
D providers
Correct Answer: influencers