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 - 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 - ANSWER A. Auditing
A global network of organizations and activities that supply a firm with goods and services is
referred to as
1
, A. a supply chain.
B. production.
C. business functions.
D. operations management. - ANSWER 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. - ANSWER 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. - ANSWER B. the provider of basic raw materials
2
organizations perform?
A.marketing
B. finance/accounting
C. research and development
D. production/operations - 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 - ANSWER A. Auditing
A global network of organizations and activities that supply a firm with goods and services is
referred to as
1
, A. a supply chain.
B. production.
C. business functions.
D. operations management. - ANSWER 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. - ANSWER 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. - ANSWER B. the provider of basic raw materials
2
