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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 techniques involved in promotional pricing are ________?
A loss leader pricing
B cash rebates
C low interest pricing
D all of the above
Correct Answer: cash rebates
The low prices of shoes for marathon participating athletes is an example of __________?
A special customer pricing
B special event pricing
C loss leader pricing
D cash rebates
Correct Answer: special customer pricing
The selling practice of companies in which company charges two or more prices without any difference in costs is classified as __________?
A price functionality
B price rebates
C price discrimination
D price leadership
Correct Answer: price discrimination
The price discrimination in which same product is charged differently at different places even though cost of offering the product is exactly same is known as ________?
A customer segment pricing
B product-form pricing
C location pricing
D channel pricing
Correct Answer: location pricing
The price reduction is awarded to buyers who buy services and goods in off-season is classified as __________?
A oligopolistic discount
B equalizing discount
C offset discount
D seasonal discount
Correct Answer: seasonal discount
The extra payment awarded to resellers for their participation in special programs is classified as __________?
A allowance
B offset discount
C seasonal discount
D equalizing discount
Correct Answer: allowance
The factor which does not lead in product price increasing is _________?
A cost inflation
B over demand
C anticipatory pricing
D predatory pricing
Correct Answer: predatory pricing
The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?
A push pricing strategy
B market penetration pricing
C market skimming pricing
D quality leadership pricing
Correct Answer: market skimming pricing
The reduction of price awarded to the customers who pay their bills promptly is classified as ________?
A non-functional discount
B discount
C quantity discount
D descriptive discount
Correct Answer: discount
The type of trading in which buyers and sellers exchange goods in place of payments is classified as _______?
A ascending trade
B sealed trade
C countertrade
D descending trade
Correct Answer: countertrade
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