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What is the Capstone Courier? Ans✓✓✓an extensive year-end report of
the sensor industry
What does the capstone courier include? Ans✓✓✓customer buying
patterns, product positioning, public financial records
Where is the courier available? Ans✓✓✓from the capstone spreadsheet
and on the website after logging into the simulation through reports link
What are proformas? Ans✓✓✓are projections for the upcoming year
and will help you envision the impacts of pending decisions and sales
forecasts
What are annual reports? Ans✓✓✓the results from the previous year.
will help analyze last year's results
What is the capstone spreadsheet? Ans✓✓✓nerve center of the company
where you formulate and finalize management decisions for every
department
What are the four main departments or function areas?
Ans✓✓✓research and development, marketing, production, and finance
, Research and development Ans✓✓✓invent and revise products that
appeal to your customers changing needs
Marketing Ans✓✓✓prices and promotes the products. interacts with
customers via sales force and distrubution system. Responsible for sales
forecasts
Production Ans✓✓✓predicts how many units will be manufactured
during the year. Also responsible for buying and selling production lines
finance Ans✓✓✓make sure the company has the financial resources it
needs to run through the year. can raise money via one-year bank notes,
10-years bonds or stock issues.
How can finance raise money? Ans✓✓✓the department can issue stock
dividends, buy back stock or retire bonds before their due dates
R&D and marketing Ans✓✓✓these work together to make sure
products meet customer expectations
R&D Production Ans✓✓✓these work together to ensure assembly lines
are purchased for new products.