BSG COMPREHENSIVE EXAM COMPLETE TEST
PAPER WITH CORRECT ANSWERS
◉ One of the lessons about competing in a globally competitive
marketplace that comes from "playing" the Business strategy game
is that.
Answer: · The dynamic, ever evolving nature of competition makes it
advisable for managers to make strategic adjustments of one kind or
another on an ongoing basis to improve the companies
competiveness vis-a-vis rivals and boost its overall performance
◉ One of the benefits of contracting with celebrities to endorse the
company's brand of athletic footwear is.
Answer: · The assist that celebrity endorsement provides in
increasing a company's sales and market share of branded footwear
◉ Which one of the following is NOT a way to reduce costs and strive
to achieve a competitive advantage based on lower overall costs per
pair sold than rival companies?.
Answer: Avoiding the use of overtime at the company's plants
◉ Which one of the following is IS a way to reduce costs and strive to
achieve a competitive advantage based on lower overall costs per
pair sold than rival companies?.
,Answer: · Searching for the lowest cost way to achieve the target S/Q
rating
· Spending (but also taking care not to overspend) on best practices
training for workers in all of the companies' plants
· Striving to operate at full production capacity so as to help spread
fixed costs over more pairs of footwear.
· Investing in one or more plant upgrades that have the effect of
lowering manufacturing costs per pair produced
◉ It is reasonable for a company's management team to abandon
efforts to win contract to supply private label footwear to chain
retailers in a given year when..
Answer: · It believes the company has good prospect to profitably
sell all the branded pairs it can produce at its existing plants
(including full use of overtime)
◉ Which of the following is a valid reason or strong signal that a
company should consider changing from a low-cost/low price
strategy to a different strategy?.
Answer: · The low-price segment for branded footwear becomes so
overcrowded with competitors that fierce competition makes it very
, difficult to earn attractive profits in the low-price end of the branded
footwear marketplace
◉ Which of the following is most likely to be an effective or
attractive way to try to reduce manufacturing costs per pair
produced at a particular plant?.
Answer: Investing in one or more plant upgrades
◉ Which of the following options is usually an appealing way to try
to increase a company's ROE?.
Answer: · Pursuing actions to boost the company's total profits and
maintaining a high (above 75% payout ratio
◉ Which of the following results from the latest decision round are
least important in providing guidance to company managers in
making their strategic moves and decision to improve their
company's competiveness and ranking among the top-performing
companies in the upcoming decision round?.
Answer: · The dividend data, the credit rating data, the income
statement data, and the balance sheet data for each company that
are part of the Financial Performance Summary on p. 5 of the FIR
◉ Managers are well-advised to consider whether the company can
operate more profitably by selling some/all plant capacity in one or
more geographic regions where.
PAPER WITH CORRECT ANSWERS
◉ One of the lessons about competing in a globally competitive
marketplace that comes from "playing" the Business strategy game
is that.
Answer: · The dynamic, ever evolving nature of competition makes it
advisable for managers to make strategic adjustments of one kind or
another on an ongoing basis to improve the companies
competiveness vis-a-vis rivals and boost its overall performance
◉ One of the benefits of contracting with celebrities to endorse the
company's brand of athletic footwear is.
Answer: · The assist that celebrity endorsement provides in
increasing a company's sales and market share of branded footwear
◉ Which one of the following is NOT a way to reduce costs and strive
to achieve a competitive advantage based on lower overall costs per
pair sold than rival companies?.
Answer: Avoiding the use of overtime at the company's plants
◉ Which one of the following is IS a way to reduce costs and strive to
achieve a competitive advantage based on lower overall costs per
pair sold than rival companies?.
,Answer: · Searching for the lowest cost way to achieve the target S/Q
rating
· Spending (but also taking care not to overspend) on best practices
training for workers in all of the companies' plants
· Striving to operate at full production capacity so as to help spread
fixed costs over more pairs of footwear.
· Investing in one or more plant upgrades that have the effect of
lowering manufacturing costs per pair produced
◉ It is reasonable for a company's management team to abandon
efforts to win contract to supply private label footwear to chain
retailers in a given year when..
Answer: · It believes the company has good prospect to profitably
sell all the branded pairs it can produce at its existing plants
(including full use of overtime)
◉ Which of the following is a valid reason or strong signal that a
company should consider changing from a low-cost/low price
strategy to a different strategy?.
Answer: · The low-price segment for branded footwear becomes so
overcrowded with competitors that fierce competition makes it very
, difficult to earn attractive profits in the low-price end of the branded
footwear marketplace
◉ Which of the following is most likely to be an effective or
attractive way to try to reduce manufacturing costs per pair
produced at a particular plant?.
Answer: Investing in one or more plant upgrades
◉ Which of the following options is usually an appealing way to try
to increase a company's ROE?.
Answer: · Pursuing actions to boost the company's total profits and
maintaining a high (above 75% payout ratio
◉ Which of the following results from the latest decision round are
least important in providing guidance to company managers in
making their strategic moves and decision to improve their
company's competiveness and ranking among the top-performing
companies in the upcoming decision round?.
Answer: · The dividend data, the credit rating data, the income
statement data, and the balance sheet data for each company that
are part of the Financial Performance Summary on p. 5 of the FIR
◉ Managers are well-advised to consider whether the company can
operate more profitably by selling some/all plant capacity in one or
more geographic regions where.
