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The factors that affect a company's P/Q rating for UAV drones include - correct answers ✅the assembly quality incentives paid to drone PAT members, the company's prior-year brand reputation, and the prior year worldwide average warranty claim rate on the company's drones. Which of the following ARE components of the compensation package for members of production assembly teams? - correct answers ✅The dollar-cost of a PAT member's fringe benefit package, assembly quality incentives ($ per unit assembled divided equally among PAT members), year-end bonus for perfect attendance, and annual base wage The factors that affect the productivity of both camera PATs and drone PATs include - correct answers ✅the size of assembly quality incentives paid to camera/drone PATs, how favorably the overall size of the company's total compensation package (not including overtime pay) per camera/drone PAT member compares against the camera/drone all-company averages, and changes in the number of camera/drone models that have to be assembled. The company's present assembly plant has sufficient space for - correct answers ✅up to 150 workstations, without expanding the size of the plant.
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A camera-maker's price competitiveness in a particular geographic region is determined by - correct answers ✅whether its price is above or below the average price of all companies competing in that geographic region. The interest rate a company pays on loans outstanding depends on - correct answers ✅its credit rating. Which the following are not factors in determining a company's credit rating? - correct answers ✅The size of the company's year-end cash balance, the average of its ROE for the past three years, and how many times the company has been put on credit watch. Consumer purchases of digital cameras are seasonal with - correct answers ✅about 20% of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40% in quarter 4.
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The factors that affect a company's P/Q rating include: - correct answers ✅the caliber of core components; company's cumulative spending for new product R&D, engineering and design; the number of models; camera body ergonomics/durability; and the number of special utility features. The company maintains a production facility in - correct answers ✅Taiwan. The decisions that company co-manages make each year are organized around - correct answers ✅marketing, product design, assembly/shipping, compensation and labor force, and finance. The options that a company has for assembling enough cameras to meet peak-quarter order form retailers include - correct answers ✅hiring "temporary" PATs, the use of overtime, and outsourcing assembly to contact assemblers. The factors that affect the productivity of PATs include - correct answers ✅the size of incentive bonuses to workers, base pay increases, perfect attendance bonuses, the size of the fringe benefits package, how favorably the overall size of a company's compensation package compares with the
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industry-average compensation package, expenditures for PAT training and productivity improvement, and changes in the number of models. The market for digital cameras is projected to grow - correct answers ✅at 8- 10% annually during the year 6-year 10 period and at 4-6% during the year 11-year 15 period. Which of the following is not an accurate description of the market for digital cameras? - correct answers ✅Retailers get their cameras from camera-makers on a just-in-time delivery basis. Which of the following are not measures on which a company's performance is judged/scored? - correct answers ✅P/Q rating, dividend payments, revenues, market share, and total number of cameras sold, and balance sheet strength. Which of the following most accurately describes your company's production/assembly operations? - correct answers ✅Most all camera components are sources from outside suppliers having plants or distribution centers near the company's assembly facility; the company uses
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is false? - correct answers ✅Delivery costs are 2.8% of revenues and represent the company's smallest cost component. One of the benefits of pursuing a strategy of social responsibility and corporate citizenship is - correct answers ✅an enhanced image rating, provided company spending for socially responsible activities is meaningful and is sustained over a multi-year period. Which of the following is NOT an action company co-managers can take to boost a sub-par ROE? - correct answers ✅Issue additional shares of stock and use the proceeds to pay down the debt outstanding on the company's line of credit. Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS? - correct answers ✅Achieve a differentiation-based competitive advantage over rivals in both the entry-level and multi-featured camera segments that company managers are savvy enough to sustain; as the market demand for digital cameras grows worldwide and the company exploits its competitive advantage to win
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additional sales, the profit margins from a growing sales volume of entry- level and multi-featured digital cameras typically results in increase in EPS. The industry-low, industry-average, and industry-high benchmarks for camera costs and operating profits on pp. 5-6 of each issue of the GLO-BUS Statistical Review. - correct answers ✅Are worth careful scrutiny by the managers of all companies because when the bench-marking data signals that a company's costs/operating profits for one or more of the benchmarks are clearly out-of-line (or unappealing), managers are well advised to take corrective action in the next decision round. According to the depreciation rates used by the company and described in the Production Cost Report, if a company adds 50 new workstations at a cost of $75,000 each and also spends $10 million for an addition to its assembly plant to accommodate the new workstations, than its annual depreciation costs will rise by - correct answers ✅$550,000. Assume a company's Income Statement for a given period has the following entries: Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs (8,500), Administrative Expenses (3,000), Operating
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the brands of rival firms? - correct answers ✅Increasing total compensation of PAT members to boost their productivity in assembling multi-featured cameras. Which of the following is an action company co-managers should seriously consider in trying to improve the company's credit rating? You may wish to consult the discussion of the credit rating that appears on the Help screen for the Comparative Financial Performance page of the GSR in answering this question. - correct answers ✅Issue additional shares of stock and use the proceeds to pay down the loans on the company's line of credit. Given the following Financial Statement Data: Sales Revenues (50,000), Operating Profit (14,400), Net Income (9,555), Total Current Assets (70,000), Total Assets (159,000), Total Current Liabilities (26,000), L-T Debt (43,000), Total Equity (91,400), Depreciation (4,000), Dividend Payments (2,250). Based on the above figures, the company's capital structure (defined as the sum of total debt outstanding and total stockholder's equity) consists of what percentages of debt and equity? (The percentages of total capital invested that are debt-financed and equity- financed are among the factors used to determine a company's credit rating, as explained in the Help section for the Comparative Financial Performances
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presented on p.7 of the GLO-BUS Statistical Review.) - correct answers ✅32% debt and 685 equity or 32:68. In which one of the following situations/circumstances is it most reasonable for a company to consider shifting away from pursuit of a strategy to strongly differentiate its multi-featured cameras from the multi-featured camera brands of rival companies and sell them at a premium price? - correct answers ✅When the market for high-end multi-featured cameras is crowded with companies using more or less copycat differentiation strategies to try to out-compete one another, thus making it difficult for any of these companies to earn attractively high profits. According to explanations provided on the Help screens for the Production Cost Report, if a company pays a PAT member a base wage of $18,000, a $ quarterly bonus for perfect attendance, and annual fringe benefits of $2,500, if a PAT is paid a $1 incentive bonus per camera assembled, and if a PAT assembles 12,000 cameras per year (or 3000 cameras per quarter), than the annual compensation cost of a single PAT member and a fully-staffed PAT would be - correct answers ✅$23,740 and $94,960.
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addition, managers should initiate actions that they believe will result in the company having at least two important competitive strengths vis-a-vis its Europe-Africa rivals in the upcoming decision round. The most important/essential results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the upcoming decision round are - correct answers ✅the Quarterly Snapshot data in the top sections of the Competitive Intelligence Report that shows each company's competitive efforts (advertising, tech support, prices, P/Q ratings, promotions, models available, and so on) in each geographic region. A company's managers should give serious consideration to changing from a low-cost/low price strategy for multi-featured cameras to a different strategy in the multi-featured camera market when - correct answers ✅so many other rival companies are marketing low-priced multi-featured cameras that intensive competition in the low-end multi-featured camera segment makes it quite difficult for every company competing for buyers of low-priced multi- featured cameras to capture big enough revenues and global market share to earn attractively large profits selling low-priced multi-featured cameras.
GLO-BUS Quiz 1 exam questions and answer (latest
