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CAPSIM COMPREHENSIVE EXAMS SET TESTED QUESTIONS AND CORRECT ANSWERS.pdf

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CAPSIM COMPREHENSIVE EXAMS SET TESTED QUESTIONS AND CORRECT ANSWERS.pdf

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CAPSIM COMPREHENSIVE EXAMS SET
TESTED QUESTIONS AND CORRECT
ANSWERS

●● The _____ is a marketing tool used to track the position of the
company's products against those of the competitors.
Answer: Perceptual Map


●● Hours
Answer: The Mean Time Before Failure is measured in _____.


●● Project Length
Answer: - The product's automation level on the production line.
- The # of R&D projects underway at the same time.
- The proximity of the product's new location to an existing product in
your company's line.
These factors drive _______________.


●● Math and Logic
Answer: Forecasting sales requires _____ and _____.


●● Six Basic Strategies

,Answer: Broad Differentiator
Niche Cost Leader
Niche Differentiator
Cost Leader w/Product Lifecycle Focus
Differentiator with Product Lifecycle Focus


●● Mean Time Before Failure
Answer: MTBF is _____.


●● Buying Criteria
Answer: The _____ are Price, Positioning, Age, and MTBF


●● Customer survey scores are calculated _____ times per year.
Answer: 12


●● Price ranges in all segments drop by _____ much per year?
Answer: $0.50


●● The _____ report of the Capstone Courier can help you diagnose
stock outs and their impacts.
Answer: Market Share

,●● Financial, Internal Business Process, Customer, Learning and
Growth
Answer: Balance Scorecard allows companies to gauge their
performance by assessing measures in these categories.


●● Age of a Product
Answer: _____ is the length of time since a product was revised or
invented.


●● Positioning and Price
Answer: _____ and _____ change every year. Age and MTBF criteria
always remain the same.


●● Positioning and price change every year. _____ criteria always
remain the same.
Answer: Age and MTBF


●● Ideal Spot
Answer: The _____ is the position on the Perceptual Map where demand
is highest.


●● Market Segment
Answer: A _____ is a group of customers who have similar needs.

, ●● 5 Market Segments
Answer: The _____ are Traditional, Low End, High End, Performance
and Size.


●● Increased
Answer: Each year, customers demand ___________ performance and
decreased size.


●● Decreased
Answer: Each year, customers demand increased performance and
___________ size.


●● The ___________ segment has the fastest drift rate.
Answer: performance


●● Low End
Answer: The _________ segment has the slowest drift rate.


●● Each month during the year, the segment drifts _____ of the distance
from the starting position to the ending position.
Answer: 1/12th


●● Segments are moving

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