BSG Quiz 1 Answers

BSG Quiz 1 Answers 1. The factors that affect the reject rates at the company’s footwear production facilities include the size of the incentive payment per non-defective pair produced, best practices training expenditures per worker, spending for TQM/Six Sigma quality control efforts, and the number of models/styles comprising the company’s product line. 2. Which of the following is the most important competitive factor in determining a company’s ability to secure contracts to supply private-label footwear to chain retailers in a particular geographic region? The company’s price offer 3. The company currently has production facilities to make athletic footwear in North America and Asia-Pacific 4. Which of the following statements about the average wholesale price a company charges footwear retailers in a given geographic region is incorrect? So long as a company has a big price-based competitive advantage in a region’s Wholesale Segment, it has the ability to achieve an attractively-large sales volume and market share even if it suffers from competitive disadvantages on other competitively-relevant factors. 5. Which of the following currencies are involved in causing favorable or unfavorable exchange rate adjustments to a company’s costs and revenues? Singapore dollars, euros, U.S. dollars, and Brazilian reals 6. Which of the following statements about the impact of a company’s competitive efforts in a region on its regional market share and number of branded pairs sole is false? The biggest possible competitive advantage a company can achieve in a given region’s Internet Segment is to offer free shipping and thereby capture the biggest number of pairs sold and biggest market share of any company in that region’s Internet Segment. 7. The company’s shipments of newly-produced branded and private-label footwear from its plants to its regional distribution centers are subject to any applicable import tariffs and exchange rate adjustments. 8. Which of the following are factors in determining a company’s credit rating? its default risk ratio, debt-asset ratio, and interest coverage ratio. 9. Which of the following most accurately describes your company’s production operations? TQM/Six Sigma quality control programs and best practices training are a means of increasing the S/Q ratings of both branded and private-label footwear produced at each production facility. 10.Which of the following are components of the total compensation package for production workers at your company’s production facilities? Base wages, incentive payments per non-defective pair produced, fringe benefits, and any overtime pa