Om 300 - Study guides, Class notes & Summaries

OM 300 CHILCUTT EXAM 1 2024 WITH 100% ACCURATE SOLUTIONS 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 - correct answer 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 - correct answer A. Au...

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OM 300 Test 1 Questions And Answers 2024 Verified Solutions What is operations management? ANS Creating value by efficiently/effectively transforming inputs into outputs What are three main types of any business? ANS Marketing (generates the demand) Production/Operation (creates the product) Finance/Accounting (follows success and finances) What types of decisions do operations managers make? ANS Planning, organizing, staffing, leading, and controlling; How people organize themselv...

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OM 300 Chilcutt Exam 1: Questions And Solutions (A+)