MCQsDrive | MCQsDrive

Management Sciences 5307 MCQs [All-Courses]

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 pricing value of the product which is based on image of buyers about customer support, warranty and support is classified as _________?

A target profit pricing

B break-even pricing

C perceived value pricing

D target return pricing

Review Detailed Answer

Correct Answer: perceived value pricing

The selling of the product’s price is set with the help of ________?

A demand

B supply

C cost

D discount and allowance

Review Detailed Answer

Correct Answer: demand

If the demand for the product does not change with the small change in price then the demand is said to be ________?

A interactive

B augmented

C elastic

D inelastic

Review Detailed Answer

Correct Answer: elastic

The cost of products that fluctuate with the level of production are classified as ___________?

A total costs

B augmented costs

C variable costs

D fixed costs

Review Detailed Answer

Correct Answer: variable costs

If the fixed cost is $80000, variable cost is $10 and the product is sold at $25 then the break-even volume will be ___________?

A 5333

B 6333

C 7333

D 4333

Review Detailed Answer

Correct Answer: 5333

If the fixed cost is $18000 and the variable cost is $16000 then the total cost is _________?

A $18,000

B $16,000

C $340,000

D $34,000

Review Detailed Answer

Correct Answer: $34,000

The form of countertrade in which seller receives some money and some goods for due payments is classified as _________?

A offset

B buy back arrangement

C barter

D compensation deal

Review Detailed Answer

Correct Answer: compensation deal

The promotional pricing technique adopted by retailers and lowering selling prices of well-known brands is classified as ___________?

A loss leader pricing

B cash rebates

C special customer pricing

D special event pricing

Review Detailed Answer

Correct Answer: loss leader pricing

The pricing technique according to which the low price is charged for a quality offering is classified as ___________?

A break-even pricing

B perceived value pricing

C target return pricing

D value pricing

Review Detailed Answer

Correct Answer: value pricing

The price increasing technique in which companies with long lead times, do not set price until product is finished is classified as _____________?

A reduction of discounts

B unbundling

C delayed quotation pricing

D escalator clauses

Review Detailed Answer

Correct Answer: delayed quotation pricing

Showing 1681 to 1690 of 5307 results

Contact Info

Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The pricing value of the product which is based on image of buyers about customer support, warranty and support is classified as _________?

The selling of the product’s price is set with the help of ________?

If the demand for the product does not change with the small change in price then the demand is said to be ________?

The cost of products that fluctuate with the level of production are classified as ___________?

If the fixed cost is $80000, variable cost is $10 and the product is sold at $25 then the break-even volume will be ___________?

If the fixed cost is $18000 and the variable cost is $16000 then the total cost is _________?

The form of countertrade in which seller receives some money and some goods for due payments is classified as _________?

The promotional pricing technique adopted by retailers and lowering selling prices of well-known brands is classified as ___________?

The pricing technique according to which the low price is charged for a quality offering is classified as ___________?

The price increasing technique in which companies with long lead times, do not set price until product is finished is classified as _____________?