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GLO-BUS QUIZ 1 QUESTIONS & ELABORATED ANSWERS VERIFIED 100% UPDATED VERSION

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GLO-BUS QUIZ 1 QUESTIONS & ELABORATED ANSWERS VERIFIED 100% UPDATED VERSION is not a traditional lecture-based class—it’s an interactive business strategy simulation used mainly in business, MBA, and management courses.

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GLO-BUS QUIZ 1 QUESTIONS &
ELABORATED ANSWERS VERIFIED
100% UPDATED VERSION
The factors that affect a company's P/Q rating for UAV drones include - Correct Answer
✔✔ 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 Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ up
to 150 workstations, without expanding the size of the plant.

A camera-maker's price competitiveness in a particular geographic region is determined
by - Correct Answer ✔✔ 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 Answer
✔✔ its credit rating.

Which the following are not factors in determining a company's credit rating? - Correct
Answer ✔✔ 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 Answer ✔✔ about
20% of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and
40% in quarter 4.

, Which of the following are the four geographic regions in which the company is selling
its cameras? - Correct Answer ✔✔ Europe-Africa, Latin America, Asia-Pacific, and
North America.

Which of the following currencies are involved in affecting the revenues your company
receives on camera shipments to retailers in the four geographic regions of the world
where it markets cameras? - Correct Answer ✔✔ U.S. dollars, Taiwan dollars,
Singapore dollars, euros, and Brazilian real.

Which of the following do not have a bearing in determining a company's unit sales and
market share of entry-level or multi-featured cameras in a particular geographic region?
- Correct Answer ✔✔ The size of the incentive bonus paid to PATs, the percentage of
cameras that were outsourced, and warranty claims costs.

The company's shipments of digital cameras to retailers in various foreign countries are
subject to - Correct Answer ✔✔ import duties imposed by the countries to which the
cameras are shipped and the effects of fluctuating exchange rates.

The factors that affect a company's P/Q rating include: - Correct Answer ✔✔ 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 Answer ✔✔ Taiwan.

The decisions that company co-manages make each year are organized around -
Correct Answer ✔✔ 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 Answer ✔✔ hiring "temporary" PATs, the use of
overtime, and outsourcing assembly to contact assemblers.

The factors that affect the productivity of PATs include - Correct Answer ✔✔ 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 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 Answer ✔✔ at 8-10%
annually during the year 6-year 10 period and at 4-6% during the year 11-year 15
period.

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