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OM 300 Exam 1 Chilcutt: Quetsions And Answers (Rated A+)
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OM 300 Exam 1 Chilcutt: Questions And Answers (Rated A+)
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OM 300 Exam 1 Chilcutt: Quetsions And Answers(Rated A+)
Which of the following is NOT considered to be one of the three primary
functions that all organizations perform?
A.marketing
B. finance/accounting
C. research and development
D. production/operations Right Ans - C. Research and Development
Which of the following activities at a commercial bank is NOT an operations
activity?
A. auditing
B. maintenance
C. check clearing
D. security Right Ans - A. Auditing
A global network of organizations and activities that supply a firm with goods
and services is referred to as
A. a supply chain.
B. production.
C. business functions.
D. operations management. Right Ans - A. A supply chain
Competition in the 21st century is no longer between companies; it is between
, A. supply chains
B.individuals.
C. technologies.
D. countries. Right Ans - A. Supply chains
In general, the supply chain starts with
A. a distributor.
B. the provider of basic raw materials.
C. research and development.
D. final customers at the retail store. Right Ans - B. the provider of basic
raw materials
A large percentage of the revenue of most firms is spent on which function?
A. finance
B. operations
C. research and development
D. marketing Right Ans - B. operations
Productivity increases when
A. inputs and outputs increase proportionately.
B. outputs decrease while inputs remain the same.
C. inputs decrease while outputs remain the same.
D. inputs increase while outputs remain the same. Right Ans - C. inputs
decrease while outputs remain the same
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