CAPSIM EXAM WITH A 99% PASS b b b b b
Proformas - correct ans b bb b
wer- projections for upcoming year
b b b b
Annual Reports - correct answer- results from the previous year
b b bb b b b b b b
Where do you enter departmental decisions? - correct answer- Foundation
b b b b b b bb b b
Spreadsheet
b
4 Main Company Departments - correct answer- 1. Research and Development
b b b b bb b b b b b
2. Marketing
b
3. Production
b
4. Finance
b
(HR and TQM may also be used)
b b b b b b
Where is the Customer Survey Score located? - correct answer- in Foundations
b b b b b b b bb b b b
FastTrack
b
What year does Foundation FastTrack report? - correct answer- reports "Last Year's
b b b b b b bb b b b b
Results"
b
Research and Development (R&D) - correct answer- PRODUCT b b b b bb b b
-designs product line b b
-invent and revise products b b b
Marketing - correct answer- PRICE, PROMOTION, PLACE b bb b b b b
-responsible for sales forecasts b b b
Production - correct answer- -determines how many units will be manufactured during
b bb b b b b b b b b b
the year
b b
-responsible for buying and selling product lines b b b b b b
Finance - correct answer- -makes sure your company has the financial resources it
b bb b b b b b b b b b b
needs to run through the year
b b b b b b
-raises $ via 1-year bank notes, 10-year bond, or stock issued
b b b b b b b b b b
-issues stock dividends, buy back stock, or retire bonds before their due date
b b b b b b b b b b b b
Plug-Ins - correct answer- -coordinate group discussion and consensus
b bb b b b b b b
R&D and Marketing - correct answer- make sure products meet customer expectations
b b b bb b b b b b b b
, R&D and Production - correct answer- ensure assembly lines are purchased for new
b b b bb b b b b b b b b
products
b
Marketing and Production - correct answer- -make sure manufacturing quantities are in
b b b bb b b b b b b b
line with forecasts
b b b
-determines level of capacity b b b
Marketing and Finance - correct answer- -project revenues for each product and set
b b b bb b b b b b b b b
Accounts Receivable Policy
b b b
Accounts Receivable Policy - correct answer- amount of time customers can take to pay
b b b bb b b b b b b b b b
for their purchases
b b b
Finance and Production - correct answer- work together when company needs money
b b b bb b b b b b b b
for additional equipment
b b b
Finance and All Departments - correct answer- Finance Department acts as a watchdog
b b b b bb b b b b b b b
over company expenditures
b b b
Practice Rounds - correct answer- allow you to organize workflow among the members
b b bb b b b b b b b b b
of your company
b b b
-where you experiment with your decisions in a competitive environment
b b b b b b b b b
Competition Rounds - correct answer- occurs after practice rounds b b bb b b b b b
-companies compete for up to 8 rounds (8 years) b b b b b b b b
Decision Audits - correct answer- a complete trail of team decisions
b b bb b b b b b b b
-help identify decision-making strengths and weaknesses
b b b b b
To ensure company success, Successful Managers Will (3)... - correct answer- -analyze
b b b b b b b b bb b b
market and competing products
b b b b
-create and execute a strategy b b b b
-coordinate company activities b b
Industry Conditions Report - correct answer- -help you to understand your customers
b b b bb b b b b b b b
-lists market segment sales percentage and projected growth rates unique to your
b b b b b b b b b b b
simulation
b
-published ONCE at beginning of simulation b b b b b
2 Customer Market Segments - correct answer- -low tech
b b b b bb b b b
-high tech b
4 Buying Criteria Considered by Customers - correct answer- 1. Price
b b b b b b bb b b b
2. Age b
3. MTBF (mean time before failure)
b b b b b
4. Positioning
b
Price-low tech - correct answer- want inexpensive products
b b bb b b b b
Price-high tech - correct answer- willing to pay higher prices b b bb b b b b b b
Proformas - correct ans b bb b
wer- projections for upcoming year
b b b b
Annual Reports - correct answer- results from the previous year
b b bb b b b b b b
Where do you enter departmental decisions? - correct answer- Foundation
b b b b b b bb b b
Spreadsheet
b
4 Main Company Departments - correct answer- 1. Research and Development
b b b b bb b b b b b
2. Marketing
b
3. Production
b
4. Finance
b
(HR and TQM may also be used)
b b b b b b
Where is the Customer Survey Score located? - correct answer- in Foundations
b b b b b b b bb b b b
FastTrack
b
What year does Foundation FastTrack report? - correct answer- reports "Last Year's
b b b b b b bb b b b b
Results"
b
Research and Development (R&D) - correct answer- PRODUCT b b b b bb b b
-designs product line b b
-invent and revise products b b b
Marketing - correct answer- PRICE, PROMOTION, PLACE b bb b b b b
-responsible for sales forecasts b b b
Production - correct answer- -determines how many units will be manufactured during
b bb b b b b b b b b b
the year
b b
-responsible for buying and selling product lines b b b b b b
Finance - correct answer- -makes sure your company has the financial resources it
b bb b b b b b b b b b b
needs to run through the year
b b b b b b
-raises $ via 1-year bank notes, 10-year bond, or stock issued
b b b b b b b b b b
-issues stock dividends, buy back stock, or retire bonds before their due date
b b b b b b b b b b b b
Plug-Ins - correct answer- -coordinate group discussion and consensus
b bb b b b b b b
R&D and Marketing - correct answer- make sure products meet customer expectations
b b b bb b b b b b b b
, R&D and Production - correct answer- ensure assembly lines are purchased for new
b b b bb b b b b b b b b
products
b
Marketing and Production - correct answer- -make sure manufacturing quantities are in
b b b bb b b b b b b b
line with forecasts
b b b
-determines level of capacity b b b
Marketing and Finance - correct answer- -project revenues for each product and set
b b b bb b b b b b b b b
Accounts Receivable Policy
b b b
Accounts Receivable Policy - correct answer- amount of time customers can take to pay
b b b bb b b b b b b b b b
for their purchases
b b b
Finance and Production - correct answer- work together when company needs money
b b b bb b b b b b b b
for additional equipment
b b b
Finance and All Departments - correct answer- Finance Department acts as a watchdog
b b b b bb b b b b b b b
over company expenditures
b b b
Practice Rounds - correct answer- allow you to organize workflow among the members
b b bb b b b b b b b b b
of your company
b b b
-where you experiment with your decisions in a competitive environment
b b b b b b b b b
Competition Rounds - correct answer- occurs after practice rounds b b bb b b b b b
-companies compete for up to 8 rounds (8 years) b b b b b b b b
Decision Audits - correct answer- a complete trail of team decisions
b b bb b b b b b b b
-help identify decision-making strengths and weaknesses
b b b b b
To ensure company success, Successful Managers Will (3)... - correct answer- -analyze
b b b b b b b b bb b b
market and competing products
b b b b
-create and execute a strategy b b b b
-coordinate company activities b b
Industry Conditions Report - correct answer- -help you to understand your customers
b b b bb b b b b b b b
-lists market segment sales percentage and projected growth rates unique to your
b b b b b b b b b b b
simulation
b
-published ONCE at beginning of simulation b b b b b
2 Customer Market Segments - correct answer- -low tech
b b b b bb b b b
-high tech b
4 Buying Criteria Considered by Customers - correct answer- 1. Price
b b b b b b bb b b b
2. Age b
3. MTBF (mean time before failure)
b b b b b
4. Positioning
b
Price-low tech - correct answer- want inexpensive products
b b bb b b b b
Price-high tech - correct answer- willing to pay higher prices b b bb b b b b b b
