OM 300 EXAM 1 CHILCUTT
QUESTIONS WITH CORRECT
ANSWERS!!
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 - ANSWERC. 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 - ANSWERA. 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. - ANSWERA. 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. - ANSWERA. 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. - ANSWERB. 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 - ANSWERB. 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. - ANSWERC. inputs decrease
while outputs remain the same
Which of the following is a direct responsibility of the project manager?
A. drawing the network diagram
B. performing all of the activities in the project
C. making sure that the people assigned to the project receive the motivation,
direction, and information needed to do their jobs
D. calculating completion probabilities for all tasks in the project - ANSWERC.
making sure that the people assigned to the project receive the motivation, direction,
and information needed to do their jobs
The economic activities that typically produce an intangible product are referred to as
A. services.
QUESTIONS WITH CORRECT
ANSWERS!!
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 - ANSWERC. 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 - ANSWERA. 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. - ANSWERA. 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. - ANSWERA. 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. - ANSWERB. 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 - ANSWERB. 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. - ANSWERC. inputs decrease
while outputs remain the same
Which of the following is a direct responsibility of the project manager?
A. drawing the network diagram
B. performing all of the activities in the project
C. making sure that the people assigned to the project receive the motivation,
direction, and information needed to do their jobs
D. calculating completion probabilities for all tasks in the project - ANSWERC.
making sure that the people assigned to the project receive the motivation, direction,
and information needed to do their jobs
The economic activities that typically produce an intangible product are referred to as
A. services.
