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.

After the idea generation through internal and external sources, the next step is?

A idea screening
B product screening
C customer screening
D raw material screening
Correct Answer: idea screening

The type of information consumer obtains by using and examining the product is classified as?

A experiential sources
B commercial sources
C public sources
D all of above
Correct Answer: experiential sources

Considering promotional mix, the method in which sales force personal presentation for building customer relationship and increasing sales is called?

A sales promotion
B personal selling
C public relations
D advertising
Correct Answer: personal selling

According to ‘Maslow’s hierarchy of needs’, the need for security and protection is classified as?

A physiological needs
B social needs
C safety needs
D esteem needs
Correct Answer: safety needs

The product packaging is futile part of?

A core customer value
B positioning strategy
C actual product
D actual ownership
Correct Answer: actual product

The stage of product life cycle in which the product has achieved acceptance from its potential buyers is called?

A maturity stage
B productive stage
C improved market stage
D profit achieved stage
Correct Answer: maturity stage

The reduction in prices made on larger purchases is classified as?

A bargained reduction
B discount
C allowance
D price segment
Correct Answer: discount

The new product pricing strategy through which company makes more profitable sales by selling out fewer units is classified as?

A optional product pricing
B price skimming
C price penetration
D product line pricing
Correct Answer: price skimming

The luxury products such as Rolex watches are best classified as?

A unsought specialty products
B sought services
C specialty products
D convenience products and services
Correct Answer: specialty products

The basing point pricing, uniform delivered pricing, zone pricing and freight absorption pricing are all types of?

A promotional pricing
B geographical pricing
C cyclical pricing
D short term pricing
Correct Answer: geographical pricing