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 business buying situation in which the order is placed for first time is?

A new task
B modified rebuy
C straight rebuy
D solutions selling
Correct Answer: new task

The firm can obtain new product by?

A acquisition
B repetition
C merger
D new packaging of product
Correct Answer: acquisition

The trial amount of any market offering for limited time before full introduction in market is classified as?

A premium
B advertising specialties
C sample
D coupon
Correct Answer: sample

The strategy of distribution in which seller allow certain outlets to sell its product is classified as?

A exclusive distribution
B inclusive distribution
C selective distribution
D intensive distribution
Correct Answer: exclusive distribution

The organization’s buying behaviors of raw materials for production purposes is called?

A business buyer behavior
B derived demand
C business buying process
D cognitive dissonance
Correct Answer: business buyer behavior

The business buying situation in which the buyer reorders the same product is classified as?

A new task
B modified rebuy
C straight rebuy
D solutions selling
Correct Answer: modified rebuy

The stage in buying behavior which follows the reviews of supplier proposals by business buyer is?

A supplier selection
B proposal solicitation
C supplier search
D order-routine specification
Correct Answer: supplier selection

The pricing strategy which provides the right combination of good service and quality at fair price is classified as?

A good value pricing
B cost plus pricing
C value added pricing
D quality based pricing
Correct Answer: good value pricing

In business buying process, the group who has formal authority of supplier selection is classified as?

A user
B influencer
C decider and gatekeeper
D buyer
Correct Answer: buyer

The new product development proposes screening framework as?

A real-worth doing-win
B win-real-worth doing
C worth doing-real-win
D real-win-worth doing
Correct Answer: real-win-worth doing