GLO-BUS-Sample Quiz Questions and Answers Latest Updated

Which of the following is NOT one of the benefits of current year and cumulative expenditures for camera/drone product R&D? - ANSWER Reducing total annual compensation costs for PAT's because such spending once it reaches $25 million annually and a cumulative total of $100 million, allows the size of PAT's to be reduced from 4 persons to 2 persons Boosting a company's P/Q rating (the size of this benefit varies with the current and cumulative amounts spent and show up in the P/Q rating's at the beginning of the following year. Which of the following are the four geographic regions in which the company is currently selling its action cameras and UAV drones? - ANSWER Europe-Africa, Latin America, Asia Pacific, and North America The company has its camera and drone assembly facilities ? - ANSWER Taiwan Which one of the following is NOT a factor in determining a company's action camera sales and market share in a particular geographic region? - ANSWER The amounts by which the company's credit rating and customer service rating are above/below the regional average Which of the following statements about your company's assembly operations for cameras and drones is FALSE? - ANSWER Cameras and drones are both assembled by 4-person PATs, however installation of robotic upgrades to camera drone workstations permits the size of PAT's to be cut to 3 person Which of the following is NOT accurate as concerns the online retailers of unmanned aerial view drones and or the buyers of unmanned aerial view drones? - ANSWER Potential buyers pay little attention to the search engine advertising they encounter when browsing for information about UAV drones, and their decisions ultimately purchase this or that brand are unaffected by these ads. When two brands of drones have slightly different prices and P/Q ratings (and all other buyer considerations are on balance, an even trade-off between the two brands ) then a bigger percentage of buyers in North America and Europe-Africa (as compared to the Asia Pacific and Latin America Regions will disregard which brand has the higher P/Q rating and purchase the lower price brand Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones IS true? - ANSWER Very often the most appealing competitive approach a company can employ is a "more value for the money" strategy (for example: selling 8-star cameras and drones at lower prices than other 8-star brands) where your competitive advantage is an ability to incorporate "upscale" product attributes with high buyer appeal at lower costs than rivals and thereby underprice rival brands of cameras and drones having comparable attributes and P/Q ratings