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CAPSIM EXAM 1 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW

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The segments are all drifting to the lower-right section of the perceptual map. Why does this drift take place? AnsCustomers want smaller and faster products. How many assembly lines are there? AnsOne for each product. Each segment places Ansa different emphasis on the 4 buying criteria. There is ______ lag in buying new Capacity and ______ lag in changing Automation. Ans1 year; 1 year What percentage of additional awareness does the first $1,500,000 increase in promotion budget buy? (Hint: see curve on p. 13 of the Guide.) Ans36%

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CAPSIM EXAM 1 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||BRAND NEW
The segments are all drifting to the lower-right section of the perceptual
map. Why does this drift take place? Ans✓✓✓Customers want smaller
and faster products.


How many assembly lines are there? Ans✓✓✓One for each product.


Each segment places Ans✓✓✓a different emphasis on the 4 buying
criteria.


There is ______ lag in buying new Capacity and ______ lag in changing
Automation. Ans✓✓✓1 year; 1 year


What percentage of additional awareness does the first $1,500,000
increase in promotion budget buy? (Hint: see curve on p. 13 of the
Guide.) Ans✓✓✓36%


Inside each fine cut circle, Ans✓✓✓segments have an ideal spot where
demand is at its highest.


Last year your company built 1,500,000 units of product Able and sold
1,405,000 After 14 months in R&D, a revision of product Able is due
out tomorrow, on January 2 (the first business day of this year) What
will happen to the unsold inventory of 95,000 units of "old" product

, Able? Ans✓✓✓they'll be reworked to match the new specifications for
product Able.


Which financial obligation is best satisfied with Current Debt?
Ans✓✓✓**NOT Paying for increased production capacity.


If you purchase production capacity and automation: Ans✓✓✓it is
available in the next year.


Based on the example in the Student Guide, what additional awareness
does a promotion budget of $1,500,000 buy? Ans✓✓✓36%.


An increase in promotional budgets has: Ans✓✓✓diminishing returns
become apparent at $2 million.


A change in MTBF affects: Ans✓✓✓material cost.


Assuming no additional product promotion, what percent of customers,
reached through last year's marketing campaign will carry over into the
current year? Ans✓✓✓67%.


In order to achieve 100% accessibility, a team must: Ans✓✓✓have two
products in the same segment.

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