BSG Final Exam
Study online at https://quizlet.com/_f3kdja
1. The managerial value of regularly consulting the data in the Year-to-Year
Performance Highlights report has to do with the data provided being the
quickest and best way to:: identify which of the company's competitive efforts in the branded Internet
and Wholesale segments need to be increased, left as is, or decreased in the upcoming decison round.
2. The installation of production improvement option D which boosts worker
productivity by 50% by using robots to assist in producing footwear: would be a more
economically attractive means for reducing labor costs per pair at a recently opened production facility in Europe-Africa
than for a recently opened production facility of the same size in Latin America.
3. Which one of the following constitutes a valid reason/condition for a company
to consider shifting away from pursuit of a global differentiation strategy
keyed to producing and marketing 450+ models/styles of top quality branded
footwear at above-average prices in all four regions?: When there are so many rival
companies trying to sell 400+ models/styles of top-quality, premium-priced athletic footwear--a comparatively small
target buyer segment--that fierce competition among these companies makes it challenging for them to achieve the
sales volumes needed to consistently meet or beat investor expectations on the five performance measures
4. A company's managers should probably give serious consideration to chang-
ing from a low-cost/low price strategy for branded footwear to a different
strategy when: the company's branded footwear costs are near or above the industry averages for many/most
of the benchmarked cost categories contained in the FIR and, furthermore, both the Internet and Wholesale segments
in all four regions are crowded with competitors selling branded footwear at below-average prices.
5. The most important results from the latest decision round that company
managers need to review/study in order to guide their strategic moves and de-
cisions to improve their company's competitiveness and overall performance
on the five investor-expected performance targets in the upcoming decision
round are: the Comparative Competitive Efforts data for each region in the Competitive Intelligence Report.
6. Which one of the following actions is least likely to boost labor productivity
by a sufficient amount to lower labor costs per pair produced at a particular
plant?: Actions to boost total compensation per production worker to an amount that not only is the highest in each
region where the company has production operations but also is at least $10,000 above the industry-average in those
regions
, BSG Final Exam
Study online at https://quizlet.com/_f3kdja
7. Which one of the following is not a way to improve the S/Q rating of branded
pairs produced at a particular production facility?: Increasing the number of models/styles
produced
8. Flawed ways to pursue competitive efforts that will successfully differentiate
a company's branded footwear from the branded offerings of rival companies
include: not charging prices for branded footwear price that are slightly below the industry-average wholesale
price and the industry-average Internet retail price in all four geographic regions.
9. Which one of the following acts/outcomes provides the biggest direct boost
to a company's image rating?: Increasing the company's global market share of branded footwear sales
10. One of the lessons about competing in a globally competitive marketplace
that comes from "playing" The Business Strategy Game is that: competition is dynamic
and always evolving, forcing each company to consider on an ongoing basis what strategy adjustments it needs to
make to improve its competitiveness vis-a-vis rivals and improve its overall performance.
11. Which of the following sets of actions are unlikely to help a company achieve
a differentiation-based competitive advantage over some/many of its rivals?: -
Raising worker base pay by 10% or more each year at all of the company's production facilities, charging prices for
branded footwear that are $5 or more above any other company in the industry in all four geographic regions, and
having the largest global production capacity of any company in the industry
12. Which of the following actions is not one of the optional initiatives that a
company can include in its social responsibility strategy to boost its image
rating over the long term?: Building and operating a large employee housing facility within walking
distance of each company production facility with 1, 2, and 3 bedroom units that employees can rent at an economical
price
13. If a company is being outcompeted by various rival companies in the Eu-
rope-Africa market for branded footwear and consequently has an unappeal-
ingly low branded market share in Europe-Africa, then company managers
should: correct most or all of the company's high percentage competitive disadvantages shown on the Comparative
Competitive Efforts page for Europe-Africa in the latest CIR; then, managers should selectively strengthen the company's
competitive efforts on 2-3 of the 8 competitive factors in the Internet segment and 10 competitive factors in the
Wholesale by amounts sufficient to yield high-percentage competitive advantages vis-a-vis its Europe-Africa rivals in
the upcoming decision round.
, BSG Final Exam
Study online at https://quizlet.com/_f3kdja
14. Based on the industry-low, industry-average, and industry-high values for
the benchmarking data on pp. 6-7 of each issue of the FIR, which one of the
following is the most valid signal that one or more elements of a company's
costs are too high relative to those of rival companies?: The company's operating profit
per branded pair sold is $0.50 above the industry-average benchmark in the Asia-Pacific region
15. If a company invests in production improvement option D that will boost
labor productivity by 50%, while its annual depreciation costs will rise by an
amount equal to 10% of the investment costs associated with installing option
D, it is accurate to say that its labor costs per pair produced will decline: from $8.00
per pair to $5.33 for a production facility in North America that currently has labor productivity of 5,000 pairs per worker
and total regular compensation (which does not include overtime pay) of $40,000 annually.
16. Which one of the following options is usually an appealing way to try to
increase a company's ROE?: Pursuing actions to boost the company's net profits by healthy amounts
every year and, further, to maintain a high dividend p
17. Which one of the following is not a factor that helps determine a company's
credit rating?: Its current ratio
18. One of the benefits of contracting with celebrities to endorse the company's
brand of athletic footwear is: the positive impact that celebrity endorsements have on increasing a
company's sales and market share of branded footwear in each geographic region.
19. If a company is striving to gain a competitive advantage by producing its
branded footwear at a lower per pair production cost than some/many/all rival
firms, then it should regularly review the production benchmarks on p. 6 in
each year's Footwear Industry Report to: gauge whether its efforts to achieve a low-cost advantage
per branded pair produced have been more/less successful than other companies pursuing much the same outcome
and to learn what aspects of its production operations may warrant further actions to reduce costs per pair.
20. Which one of the following is an advantage of having production facilities
to manufacture athletic footwear in all four geographic regions?: Increased ability to
reduce payments for import tariffs because when a company has production operations in all four geographic regions
it typically needs to ship fewer pairs of footwear from production facilities in one region to distribution centers in a
different region
21. While contracting with celebrities to endorse a company's brand adds to
the competitive power of its product offering vis-a-vis the offerings of rivals,
Study online at https://quizlet.com/_f3kdja
1. The managerial value of regularly consulting the data in the Year-to-Year
Performance Highlights report has to do with the data provided being the
quickest and best way to:: identify which of the company's competitive efforts in the branded Internet
and Wholesale segments need to be increased, left as is, or decreased in the upcoming decison round.
2. The installation of production improvement option D which boosts worker
productivity by 50% by using robots to assist in producing footwear: would be a more
economically attractive means for reducing labor costs per pair at a recently opened production facility in Europe-Africa
than for a recently opened production facility of the same size in Latin America.
3. Which one of the following constitutes a valid reason/condition for a company
to consider shifting away from pursuit of a global differentiation strategy
keyed to producing and marketing 450+ models/styles of top quality branded
footwear at above-average prices in all four regions?: When there are so many rival
companies trying to sell 400+ models/styles of top-quality, premium-priced athletic footwear--a comparatively small
target buyer segment--that fierce competition among these companies makes it challenging for them to achieve the
sales volumes needed to consistently meet or beat investor expectations on the five performance measures
4. A company's managers should probably give serious consideration to chang-
ing from a low-cost/low price strategy for branded footwear to a different
strategy when: the company's branded footwear costs are near or above the industry averages for many/most
of the benchmarked cost categories contained in the FIR and, furthermore, both the Internet and Wholesale segments
in all four regions are crowded with competitors selling branded footwear at below-average prices.
5. The most important results from the latest decision round that company
managers need to review/study in order to guide their strategic moves and de-
cisions to improve their company's competitiveness and overall performance
on the five investor-expected performance targets in the upcoming decision
round are: the Comparative Competitive Efforts data for each region in the Competitive Intelligence Report.
6. Which one of the following actions is least likely to boost labor productivity
by a sufficient amount to lower labor costs per pair produced at a particular
plant?: Actions to boost total compensation per production worker to an amount that not only is the highest in each
region where the company has production operations but also is at least $10,000 above the industry-average in those
regions
, BSG Final Exam
Study online at https://quizlet.com/_f3kdja
7. Which one of the following is not a way to improve the S/Q rating of branded
pairs produced at a particular production facility?: Increasing the number of models/styles
produced
8. Flawed ways to pursue competitive efforts that will successfully differentiate
a company's branded footwear from the branded offerings of rival companies
include: not charging prices for branded footwear price that are slightly below the industry-average wholesale
price and the industry-average Internet retail price in all four geographic regions.
9. Which one of the following acts/outcomes provides the biggest direct boost
to a company's image rating?: Increasing the company's global market share of branded footwear sales
10. One of the lessons about competing in a globally competitive marketplace
that comes from "playing" The Business Strategy Game is that: competition is dynamic
and always evolving, forcing each company to consider on an ongoing basis what strategy adjustments it needs to
make to improve its competitiveness vis-a-vis rivals and improve its overall performance.
11. Which of the following sets of actions are unlikely to help a company achieve
a differentiation-based competitive advantage over some/many of its rivals?: -
Raising worker base pay by 10% or more each year at all of the company's production facilities, charging prices for
branded footwear that are $5 or more above any other company in the industry in all four geographic regions, and
having the largest global production capacity of any company in the industry
12. Which of the following actions is not one of the optional initiatives that a
company can include in its social responsibility strategy to boost its image
rating over the long term?: Building and operating a large employee housing facility within walking
distance of each company production facility with 1, 2, and 3 bedroom units that employees can rent at an economical
price
13. If a company is being outcompeted by various rival companies in the Eu-
rope-Africa market for branded footwear and consequently has an unappeal-
ingly low branded market share in Europe-Africa, then company managers
should: correct most or all of the company's high percentage competitive disadvantages shown on the Comparative
Competitive Efforts page for Europe-Africa in the latest CIR; then, managers should selectively strengthen the company's
competitive efforts on 2-3 of the 8 competitive factors in the Internet segment and 10 competitive factors in the
Wholesale by amounts sufficient to yield high-percentage competitive advantages vis-a-vis its Europe-Africa rivals in
the upcoming decision round.
, BSG Final Exam
Study online at https://quizlet.com/_f3kdja
14. Based on the industry-low, industry-average, and industry-high values for
the benchmarking data on pp. 6-7 of each issue of the FIR, which one of the
following is the most valid signal that one or more elements of a company's
costs are too high relative to those of rival companies?: The company's operating profit
per branded pair sold is $0.50 above the industry-average benchmark in the Asia-Pacific region
15. If a company invests in production improvement option D that will boost
labor productivity by 50%, while its annual depreciation costs will rise by an
amount equal to 10% of the investment costs associated with installing option
D, it is accurate to say that its labor costs per pair produced will decline: from $8.00
per pair to $5.33 for a production facility in North America that currently has labor productivity of 5,000 pairs per worker
and total regular compensation (which does not include overtime pay) of $40,000 annually.
16. Which one of the following options is usually an appealing way to try to
increase a company's ROE?: Pursuing actions to boost the company's net profits by healthy amounts
every year and, further, to maintain a high dividend p
17. Which one of the following is not a factor that helps determine a company's
credit rating?: Its current ratio
18. One of the benefits of contracting with celebrities to endorse the company's
brand of athletic footwear is: the positive impact that celebrity endorsements have on increasing a
company's sales and market share of branded footwear in each geographic region.
19. If a company is striving to gain a competitive advantage by producing its
branded footwear at a lower per pair production cost than some/many/all rival
firms, then it should regularly review the production benchmarks on p. 6 in
each year's Footwear Industry Report to: gauge whether its efforts to achieve a low-cost advantage
per branded pair produced have been more/less successful than other companies pursuing much the same outcome
and to learn what aspects of its production operations may warrant further actions to reduce costs per pair.
20. Which one of the following is an advantage of having production facilities
to manufacture athletic footwear in all four geographic regions?: Increased ability to
reduce payments for import tariffs because when a company has production operations in all four geographic regions
it typically needs to ship fewer pairs of footwear from production facilities in one region to distribution centers in a
different region
21. While contracting with celebrities to endorse a company's brand adds to
the competitive power of its product offering vis-a-vis the offerings of rivals,
