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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 concept which refers how well the services or products are brought from company to customers is classified as __________?
A customer training
B customer consulting
C ordering ease
D delivery
Correct Answer: delivery
The short term goods and services that are used to facilitate the management of finished product are classified as __________?
A component parts and materials
B installations
C equipment
D supplies and business services
Correct Answer: supplies and business services
The pricing technique uses by companies for the products having optional services and features is classified as _________?
A product line pricing
B Two-part pricing
C by-product pricing
D optional-feature pricing
Correct Answer: optional-feature pricing
The kind of convenience goods that are purchased by consumers without any searching effort are classified as _________?
A impulse goods
B staples
C homogeneous goods
D emergency goods
Correct Answer: impulse goods
The ability of company to meet the product demands of each customer is classified as ___________?
A mass effectivity
B mass customization
C consumption system
D mass productivity
Correct Answer: mass customization
The examples of natural products include ___________?
A cotton and jute
B fruits and vegetables
C wheat and livestock
D iron ore and lumber
Correct Answer: iron ore and lumber
The system states the way, which users use the products and its related services is classified as __________?
A product classification system
B consumption system
C customer value system
D product differentiation system
Correct Answer: consumption system
The kind of goods that are purchased by customers after comparing the products on the basis of price, quality and sustainability are classified as ____________?
A unsought goods
B specialty goods
C convenience goods
D shopping goods
Correct Answer: shopping goods
The perishable, variable and intangible goods that require more supplier creditability, adaptability and quality control are classified as __________?
A durable goods
B non-durable goods
C services
D augmented goods
Correct Answer: services
The shopping goods that are similar in quality and have different prices to justify the comparisons of shopping goods are classified as ____________?
A homogeneous shopping goods
B heterogeneous shopping goods
C impulse shopping goods
D emergency shopping goods
Correct Answer: homogeneous shopping goods
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