Management Sciences MCQs
These Management Sciences MCQs are for public service commission exams and BBA, and MBA students to prepare for their examinations. All MCQs are prepared after having a look at past papers of public service commission examinations held from time to time. These Management Science questions are very important for all types of tests conducted by FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, STS, ETEA, and other testing agencies of Pakistan.
Rising promotion costs and shrinking profit margins are the result of ___________.
A: Changing technology
B: Globalization
C: Deregulation
D: Heightened competition
Heightened competition
A transaction involves ____________?
A: at least two parties
B: each party is capable of communication and delivery
C: each party is free to accept or reject the exchange offer
D: all of the above
all of the above
__________ goods constitute the bulk of most countries production and marketing efforts.
A: Durable
B: Impulse
C: Physical
D: Service
E: Event
Physical
Information can be produced and marketed as a ___________?
A: Product
B: Show
C: Reality
D: Service
Product
Charles Revson of Revlon observed: In the factory, we make cosmetics; in the store, _________.
A: we sell quality
B: we challenge competitors
C: we implement ads
D: we sell hope
we sell hope
A Marketer is someone seeking a response from another party, called the __________.
A: Customer
B: Fund raiser, contributor
C: Voter
D: Prospect
Prospect
In latent demand, consumers may share a strong need that cannot be satisfied by a/an____________?
A: Future Product
B: Expected Product
C: Latent Product
D: Existing Product
Existing Product
In __________more customers would like to buy the product than can be satisfied.
A: latent demand
B: irregular demand
C: overfull demand
D: excessive
overfull demand
Marketing is both an art and a science there is constant tension between the creative side of marketing and the ________ side.
A: Selling side
B: Formulated side
C: Management side
D: Forecasting side
Formulated side
Good marketing is no accident, but a result of careful planning and __________?
A: Execution
B: Strategies
C: Tactics
D: Research
Execution