Exam Questions and CORRECT Answers
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.