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OM 300 Exam 4 Questions And Answers With Verified Solutions
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OM 300 Exam 4 Questions And Answers With Verified Solutions The 3 primary business functions? ANS marketing, operations, finance Supply Chain ANS A global network of organizations and activities that supply a firm with goods and services The objective of supply chain mgmt.? ANS to build a...

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  • September 1, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • om 300 exam 4
  • om 300 exam 4 questions and answers with verified
  • om 300 exam 4 questions and answers
  • the 3 primary business functions ans marketing

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  • OM 300

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OM 300 Exam 4 Questions And Answers With Verified
Solutions
The 3 primary business functions? ANS marketing, operations, finance



Supply Chain ANS A global network of organizations and activities that supply a firm with goods and services



The objective of supply chain mgmt.? ANS to build a chain of suppliers that focuses on maximizing value to the
ultimate customer



Productivity ANS the ratio of output (good and services) divided by the inputs (resources such as labor and
capital)



what are the critical variables in enhancing productivity? ANS labor, capital, management



what are the variables for labor productivity? ANS base education, diet, social overhead



mission ANS tells an organization where it is going



strategy ANS tells the organization how to get there



outsourcing ANS transferring a firm's activities that have traditionally been internal to external suppliers



What are the 4 phases of the product life cycle? ANS introductory, growth, maturity, decline



critical path ANS the longest path through the network



Forward Pass ANS a process that identifies all the early start and early finish times



Backward Pass ANS a process that identifies all the late start and late finish times

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