Management Sciences 5308 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 contractual agreement between wholesaler, service organization and manufacturer according to which business people have rights to own units is classified as?

A franchise

B relative stores

C chain stores

D off price voluntary stores

Review Detailed Answer

Correct Answer: franchise

The third step of value based pricing is to?

A assess needs of customer

B set target price

C determine incurred costs

D design product

Review Detailed Answer

Correct Answer: determine incurred costs

The independent wholesaler which takes title of market offering is called?

A agents and brokers

B manufacturer’s sales branches

C voluntary franchise chain

D merchant wholesalers

Review Detailed Answer

Correct Answer: merchant wholesalers

The retailing operation which is operated and owned by manufacturer and carries surplus or irregular goods is classified as?

A factory outlets

B warehouse clubs

C factory clubs

D surplus center

Review Detailed Answer

Correct Answer: factory outlets

The retailer store which carries deep assortment of specialty product line and customers are served by knowledgeable staff is classified as?

A category killer

B discount killer

C limited inbound retailers

D limited outbound retailers

Review Detailed Answer

Correct Answer: category killer

The contractual agreement between independent retailers that has set up central wholesale operation and conduct joint promotion is classified as?

A voluntary franchise

B involuntary cooperative

C retailer cooperative

D voluntary cooperative

Review Detailed Answer

Correct Answer: retailer cooperative

Considering the franchise organization, the independent business people involved other than service organization is represented as?

A specialty line handlers

B corporate units

C franchisor

D franchisee

Review Detailed Answer

Correct Answer: franchisee

The retail stores such as Best Buy, Staples and Pet Smart are examples of?

A superstore

B outbound stores

C inbound stores

D intensive stores

Review Detailed Answer

Correct Answer: superstore

The fixed equipment such as office generators, drill presses and elevators are classified as?

A industry capital items

B industry material and parts

C office equipment

D specialty industrial products

Review Detailed Answer

Correct Answer: industry capital items

The products such as major household appliances like TVs and refrigerators are classified as?

A convenience sought products

B unsought industrial products

C sought non-specialty products

D shopping products

Review Detailed Answer

Correct Answer: shopping products

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Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

The contractual agreement between wholesaler, service organization and manufacturer according to which business people have rights to own units is classified as?

The third step of value based pricing is to?

The independent wholesaler which takes title of market offering is called?

The retailing operation which is operated and owned by manufacturer and carries surplus or irregular goods is classified as?

The retailer store which carries deep assortment of specialty product line and customers are served by knowledgeable staff is classified as?

The contractual agreement between independent retailers that has set up central wholesale operation and conduct joint promotion is classified as?

Considering the franchise organization, the independent business people involved other than service organization is represented as?

The retail stores such as Best Buy, Staples and Pet Smart are examples of?

The fixed equipment such as office generators, drill presses and elevators are classified as?

The products such as major household appliances like TVs and refrigerators are classified as?

Contact Info

Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Accounting Mcqs 1450

Auditing Mcqs 145

Finance Mcqs 1051

HRM Mcqs 940

Marketing Mcqs 1722

The contractual agreement between wholesaler, service organization and manufacturer according to which business people have rights to own units is classified as?

The third step of value based pricing is to?

The independent wholesaler which takes title of market offering is called?

The retailing operation which is operated and owned by manufacturer and carries surplus or irregular goods is classified as?

The retailer store which carries deep assortment of specialty product line and customers are served by knowledgeable staff is classified as?

The contractual agreement between independent retailers that has set up central wholesale operation and conduct joint promotion is classified as?

Considering the franchise organization, the independent business people involved other than service organization is represented as?

The retail stores such as Best Buy, Staples and Pet Smart are examples of?

The fixed equipment such as office generators, drill presses and elevators are classified as?

The products such as major household appliances like TVs and refrigerators are classified as?