Exam (elaborations)
OM 300 Exam 1 Chilcutt: Quetsions And Answers (Rated A+)
- Course
- Institution
OM 300 Exam 1 Chilcutt: Questions And Answers (Rated A+)
[Show more]
Content preview
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyhall. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now