ACCURATE ANSWERS
Which of the following statements about the average wholesale price a
company charges footwear retailers in a given geographic region is
incorrect? - ACCURATE ANSWERS✔✔ 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
The three competitive factors that impact only internet sales and market
share in a region include - ACCURATE ANSWERS✔✔ expenditures
for search engine advertising
Which of the following most accurately describes your company's
production operations? - ACCURATE ANSWERS✔✔ Standard and
superior materials are sourced from outside suppliers at base prices that
are currently $6 per pair for 100% use of standard materials and $12 per
pair for 100% use of superior materials; however these base prices can
vary up or down according to the strength of global demand for footwear
materials and the global percentage usage of standard versus superior
materials
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 sold is false? - ACCURATE ANSWERS✔✔ 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 the biggest market share of
any company in that region's internet segment
Buyer demand for branded athletic footwear is projected to grow -
ACCURATE ANSWERS✔✔ 9-11% annually in Latin America and the
Asia-Pacific during the Year 11-Year 15 period
Which of the following currencies are involved in causing favorable or
unfavorable exchange rate adjustments to your company's costs and
revenues? - ACCURATE ANSWERS✔✔ Singapore dollars, euros, and
Brazilian reals
Which of the following is the most important competitive factor in
determining a company's ability to secure contracts to supply large
multi-outlet retailers private-label footwear to chain retailers in a
particular geographic region? - ACCURATE ANSWERS✔✔ the price at
which the company offers to supply the retailers with private-label pairs
The factors that affect the reject rates at the company's footwear
production facilities include - ACCURATE ANSWERS✔✔ the size of
the incentive payment per non-defective pair produced, expenditures for
best practices training per worker, spending for TQM/Six Sigma quality
control efforts, and the percentage use of new equipment versus
refurbished equipment
, Which of the following is/are not among the factors that affect worker
productivity? - ACCURATE ANSWERS✔✔ the S/Q ratings of the
footwear being produced and whether the percentage use of superior
materials exceeds 60%
Which of the following statements about the importance of each
competitive factor in determining company sales volumes and market
shares in a particular geographic region is false? - ACCURATE
ANSWERS✔✔ tiny cross-company differences in competitive effort on
a highly influential competitive factor (like S/Q ratings, the number of
models/styles offered, and selling prices) nearly always have a bigger
impact on company sales/market share outcomes in a region than do
large differences on less influential competitive factors
The company currently has production facilities to make athletic
footwear in - ACCURATE ANSWERS✔✔ Asia-Pacific and North
America
The factors that affect a company's S/Q rating by the International
Footwear Federation include - ACCURATE ANSWERS✔✔ a
company's current and cumulative spending for TQM/Six Sigma quality
control programs; whether production improvement option C has been
installed (this option entails investing in special production equipment
that boosts the S/Q rating of all pairs produced by 1.0 star) and
expenditures for new styling features per model