Which of the following measurement mantras focuses on what you should measure?
a. Measure twice; cut once
b. What gets measured gets done
c. If you can't measure it, you can't manage it
d. All of the above
e. A & C only
f. B & C only
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, f. B & C only
Which of the following is not one of the seven rights of an empowerment culture?
a. Communicate the right expectations
b. Provide the right training
c. Measure the right things
d. Demand the right behavior
e. Give employees the right opportunity
f. None of the above; i.e., they are all elements of an empowerment culture
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d. Demand the right behavior
Which of the following is a key dimension of the balanced scorecard?
a. Customer expectations
b. Operational excellence
c. Future capability development
d. Financial Performance
e. All of the above
f. A & D only
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e. All of the above
, Which of the following is not a key benefit of a measurement strategy that is based on
the use of balanced scorecards?
a. Communicates top management's vision
b. Links behavior to strategy
c. Drives a fundamental focus on financial performance
d. Promotes future capability development
e. Imposes discipline
f. None of the above; i.e., they are key benefits
Give this one a try later!
c. Drives a fundamental focus on financial performance
Imagine you want to start up a company to manufacture and sell Wildcat sunglasses.
You've done your homework and estimate design and launch costs to be $100,000.
You expect to sell 500 pairs in the first year, 2,000 pairs in second year, and 5,000
pairs in the following three years. The sales price will be $99 and each pair will cost
$75 to produce and market. If your required return is 20%, what is your NPV? (Round
your answer to the nearest cent; e.g., $100,000.01)
a. $115,668.45
b. $123,456.78
c. $114,567.33
d. $118,873.46
e. None of the above
Give this one a try later!
d. $118,873.46
a. Measure twice; cut once
b. What gets measured gets done
c. If you can't measure it, you can't manage it
d. All of the above
e. A & C only
f. B & C only
Give this one a try later!
, f. B & C only
Which of the following is not one of the seven rights of an empowerment culture?
a. Communicate the right expectations
b. Provide the right training
c. Measure the right things
d. Demand the right behavior
e. Give employees the right opportunity
f. None of the above; i.e., they are all elements of an empowerment culture
Give this one a try later!
d. Demand the right behavior
Which of the following is a key dimension of the balanced scorecard?
a. Customer expectations
b. Operational excellence
c. Future capability development
d. Financial Performance
e. All of the above
f. A & D only
Give this one a try later!
e. All of the above
, Which of the following is not a key benefit of a measurement strategy that is based on
the use of balanced scorecards?
a. Communicates top management's vision
b. Links behavior to strategy
c. Drives a fundamental focus on financial performance
d. Promotes future capability development
e. Imposes discipline
f. None of the above; i.e., they are key benefits
Give this one a try later!
c. Drives a fundamental focus on financial performance
Imagine you want to start up a company to manufacture and sell Wildcat sunglasses.
You've done your homework and estimate design and launch costs to be $100,000.
You expect to sell 500 pairs in the first year, 2,000 pairs in second year, and 5,000
pairs in the following three years. The sales price will be $99 and each pair will cost
$75 to produce and market. If your required return is 20%, what is your NPV? (Round
your answer to the nearest cent; e.g., $100,000.01)
a. $115,668.45
b. $123,456.78
c. $114,567.33
d. $118,873.46
e. None of the above
Give this one a try later!
d. $118,873.46
