QUESTIONS 100% ANSWERED 2025
, Q: Which one of the following is a way to reduce costs and strive to achieve a
competitive advantage based on lower overall costs per pair sold than rival companies?
- ANSWERA: Striving to keep marketing expenses per branded pair sold to amounts
that are below the industry-high in each region ✓
Q: Which one of the following is most likely to be an effective or attractive profit-
enhancing way to try to reduce total production costs per pair at a particular production
facility? - ANSWERA: Pursuing actions that will better enable the company to operate
its production facilities at (or very close to) full production capacity, including maximum
use of overtime ✓
Q: The managers of all companies should make a point of examining the production
benchmarks shown on p. 6 of each year's Footwear Industry Report in order to... -
ANSWERA: determine whether immediate actions need to be taken at one or more of
their company's production facilities to do a better job of managing total compensation,
workforce productivity, production labor costs, spending for TQM/Six Sigma programs,
total production costs, and/or reject rates. ✓
Q: Which one of the following is an advantage of having production facilities to
manufacture athletic footwear in all four geographic regions? - ANSWERA: Increased
ability to lower expenditures for shipping/freight costs from the company's production
operations to distribution centers in the various regions--this is 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 ✓
Q: An appealing strategy that a company can use to reduce its exposure to adverse
exchange rate adjustments to the costs of pairs shipped to a distribution warehouse
from a production facility in a different geographic region is to... - ANSWERA: invest in
sufficient production capacity in each of the four geographic regions to greatly reduce
(maybe even eliminate) the need to ship pairs to a distribution warehouse from a
production facility in a different geographic region--such a strategy has the highly
attractive added benefit of cutting/eliminating tariff payments on imported footwear. ✓
Q: Which one of the following actions is least likely to increase labor productivity by an
amount that is large enough to result in lower labor costs per pair produced at a
particular plant? - ANSWERA: Increasing total compensation per production worker to
an amount that is slightly above the industry-average in those regions where the
company has production facilities ✓
Q: The installation of production improvement option D which boosts worker productivity
by 50% by using robots to assist in producing footwear... - ANSWERA: is a more