University of Alabama OM 300 Chilcutt Final Exam ||Verified Exam!!!|| Most Recent Exam Actual Complete Real Exam Questions And Correct Answers (Verified Answers) Already Graded A+ || Newest Exam!!!

1|Page


University of Alabama OM 300 Chilcutt Final Exam
||Verified Exam!!!|| Most Recent Exam Actual Complete
Real Exam Questions And Correct Answers (Verified
Answers) Already Graded A+ || Newest Exam!!!


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. - Answer-B. the
provider of basic raw materials


A large percentage of the revenue of most firms is spent
on which function?


A. finance

,2|Page


B. operations


C. research and development


D. marketing - Answer-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. -
Answer-C. inputs decrease while outputs remain the same


The economic activities that typically produce an
intangible product are referred to as
A. services.

, 3|Page


B. products.


C. goods.


D. phantoms. - Answer-A. Services


Which of the following is NOT one of the three strategic
approaches to competitive advantage?
A. innovation


B. cost leadership


C. response


D. differentiation - Answer-A. innovation


The creation of a unique advantage over competitors is
referred as


A. response.