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MAR 3203 EXAM 1 UCF QUESTIONS AND VERIFIED ANSWERS

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MAR 3203 EXAM 1 UCF QUESTIONS AND VERIFIED ANSWERS...

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MAR 3203 EXAM 1 UCF QUESTIONS AND VERIFIED
ANSWERS

Which of the following activities at a commercial bank is NOT an operations
activity? - ANSWER auditing
Which of the following activities at an airline is NOT an operations activity? -
ANSWER sales
Which operations function at a manufacturing facility strives for the efficient
use of machines, space, and personnel? - ANSWER industrial engineering
Which of the following does NOT contribute to specialization and global supply
chains? - ANSWER marketing
The worldwide organization of resources and processes that provides a business
with its goods and services is known as - ANSWER a supply chain
In general, the supply chain begins with - ANSWER the source of the primary
raw materials. th
The service sector accounts for what percentage of employment in the United
States? - ANSWER between 80% to 90%
The economic activities that usually produce an intangible product are referred
to as - ANSWER services
Which of the following is NOT a characteristic of services? - ANSWER
standardized product
Which of the following organizations does NOT belong to the service sector? -
ANSWER Ford Motor Company


Which of the following countries is NOT a memebr of the EU? - ANSWER
Uruguay


The stated purposed of NAFTA is to - ANSWER phase out all trade and tariff
barriers among Canada, Mexico, and the U.S.

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