OM 300 EXAM REVIEW QUESTIONS
WITH COMPLETE SOLUTIONS
(GRADED A+)
Which business function os responsible for managing cash flows, current assets, and
capital investments?
1) finance
2) purchasing
3) operations management
4) marketing
5) accounting - Answer- Finance
In which company were the Hawthorne Studies conducted?
1) general electric
2) westinghouse
3) general motors
4) Hawthorne incorporated
5) western electric - Answer- Western electric
Which famous economist one suggested the "the production problem has been
solved?"
1) john kenneth galbraith
2) john nash
3) irving fisher
4) adam smith
5) john maynard keynes - Answer- John kenneth galbraith
What is the finance function responsible for? - Answer- Managing cash flow, current
assets, and capital investments
Which software solution allows firms to collect customer-specific data? - Answer-
Customer relationship management
All of the following may be inputs of a transformation process EXCEPT
1) information
2) managers
3) buildings
4) technology
5) services - Answer- Services
The internet was developed from a government network called ARPANET created in
1969 by - Answer- The U.S. Defense Department
WITH COMPLETE SOLUTIONS
(GRADED A+)
Which business function os responsible for managing cash flows, current assets, and
capital investments?
1) finance
2) purchasing
3) operations management
4) marketing
5) accounting - Answer- Finance
In which company were the Hawthorne Studies conducted?
1) general electric
2) westinghouse
3) general motors
4) Hawthorne incorporated
5) western electric - Answer- Western electric
Which famous economist one suggested the "the production problem has been
solved?"
1) john kenneth galbraith
2) john nash
3) irving fisher
4) adam smith
5) john maynard keynes - Answer- John kenneth galbraith
What is the finance function responsible for? - Answer- Managing cash flow, current
assets, and capital investments
Which software solution allows firms to collect customer-specific data? - Answer-
Customer relationship management
All of the following may be inputs of a transformation process EXCEPT
1) information
2) managers
3) buildings
4) technology
5) services - Answer- Services
The internet was developed from a government network called ARPANET created in
1969 by - Answer- The U.S. Defense Department