BSG QUIZ 1, BUSINESS STRATEGY GAME
NEWEST ACTUAL EXAM
COMPREHENSIVE QUESTIONS AND
VERIFIED ANSWERS GRADED A+
A footwear-maker's price competitiveness in selling branded footwear
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to retailers in a particular geographic region is determined by
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a. how favorably its wholesale price compares with the highest
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wholesale price being charged by any rival in any geographic region.
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b. how favorably its wholesale price compares with the wholesale price
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being charged by company having the lowest-priced footwear brand
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(after all mail-in rebates are factored in).
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c. whether its wholesale price is above or below the average price of all
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companies competing in that geographic region.
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d. how favorably its wholesale price compares to the lowest price being
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charged by the rival company having the largest number of
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models/styles in the region.
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e. whether its wholesale price is above or below the average price of all
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companies having the same S/Q rating in the region. - ✔✔✔ Correct
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,Answer > c. whether its wholesale price is above or below the average
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price of all companies competing in that geographic region.
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The company's shipments of newly-produced branded and private-label
| | | | | | |
footwear from its plants to its regional distribution centers are subject
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to
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a. any applicable import tariffs and exchange rate adjustments.
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b. shipping charges of $3 per pair on all pairs shipped from one region
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to another region and exchange rate shifts of as high as 10%.
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c. tariffs of $6 per pair and shipping fees of $2 per pair.
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d. export fees equal to 10% of the manufacturing costs of the pairs
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shipped and exchange rate shifts of as high as 25%.
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e. 1-million pair import quotas on shipments from foreign plants to
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Europe-Africa and Asia-Pacific and exchange rate shifts of as high as 5%.
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- ✔✔✔ Correct Answer > a. any applicable import tariffs and
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exchange rate adjustments.
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The market for branded athletic footwear is projected to grow
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a. between 8-11% annually worldwide during the Year 11-20 period.
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b. 9-11% annually in Latin America and the Asia-Pacific during the Year
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11-Year 15 period and 7-9% annually in these regions during the Year
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16-Year 20 period.
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, c. 6-9% annually in all four geographic regions during the Year 11-Year
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15 period and 7-8% annually in all four regions during the Year 16-Year
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20 period.
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d. 10-12% annually in North America and Europe-Africa during the Year
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11-Year 15 period and 6-8% annually in these regions during the Year
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16-Year 20 period.
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e. 6% annually in all four geographic markets during Years 11-15, and
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then slow gradually to 3% annually in all markets by Year 20. - ✔✔✔
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Correct Answer > b. 9-11% annually in Latin America and the
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Asia- Pacific during the Year 11-Year 15 period and 7-9% annually in
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these regions during the Year 16-Year 20 period.
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The factors that affect a company's S/Q rating include:
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a. the size of annual base pay increases; reject rates; expenditures for
| | | | | | | | | |
best practices training; whether plant upgrade B has been installed.
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b. the number of performance features built into branded
| | | | | | |
models/styles annually; the durability of its athletic shoes; how much
| | | | | | | | | |
best practices training the average production worker has had; and
| | | | | | | | | |
plant reject rates.
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c. whether plant upgrade C has been installed; a company's cumulative
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spending for TQM/Six Sigma quality control programs; and
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expenditures for new styling/features per model.
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d. how well compensated its work force is; whether shoes are produced
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with standard materials or superior materials; the durability and quality
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of the footwear, and how many models/styles are included in its
| | | | | | | | | | |
product line.
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NEWEST ACTUAL EXAM
COMPREHENSIVE QUESTIONS AND
VERIFIED ANSWERS GRADED A+
A footwear-maker's price competitiveness in selling branded footwear
| | | | | | |
to retailers in a particular geographic region is determined by
| | | | | | | | | |
a. how favorably its wholesale price compares with the highest
| | | | | | | |
wholesale price being charged by any rival in any geographic region.
| | | | | | | | | | |
b. how favorably its wholesale price compares with the wholesale price
| | | | | | | | |
being charged by company having the lowest-priced footwear brand
| | | | | | | | |
(after all mail-in rebates are factored in).
| | | | | | |
c. whether its wholesale price is above or below the average price of all
| | | | | | | | | | | |
companies competing in that geographic region.
| | | | | |
d. how favorably its wholesale price compares to the lowest price being
| | | | | | | | | |
charged by the rival company having the largest number of
| | | | | | | | | |
models/styles in the region.
| | | |
e. whether its wholesale price is above or below the average price of all
| | | | | | | | | | | |
companies having the same S/Q rating in the region. - ✔✔✔ Correct
| | | | | | | | | | | |
,Answer > c. whether its wholesale price is above or below the average
| | | | | | | | | | | |
price of all companies competing in that geographic region.
| | | | | | | | |
The company's shipments of newly-produced branded and private-label
| | | | | | |
footwear from its plants to its regional distribution centers are subject
| | | | | | | | | | |
to
|
a. any applicable import tariffs and exchange rate adjustments.
| | | | | | |
b. shipping charges of $3 per pair on all pairs shipped from one region
| | | | | | | | | | | |
to another region and exchange rate shifts of as high as 10%.
| | | | | | | | | | | |
c. tariffs of $6 per pair and shipping fees of $2 per pair.
| | | | | | | | | | |
d. export fees equal to 10% of the manufacturing costs of the pairs
| | | | | | | | | | |
shipped and exchange rate shifts of as high as 25%.
| | | | | | | | | |
e. 1-million pair import quotas on shipments from foreign plants to
| | | | | | | | |
Europe-Africa and Asia-Pacific and exchange rate shifts of as high as 5%.
| | | | | | | | | | | |
- ✔✔✔ Correct Answer > a. any applicable import tariffs and
| | | | | | | | | |
exchange rate adjustments.
| | |
The market for branded athletic footwear is projected to grow
| | | | | | | | |
a. between 8-11% annually worldwide during the Year 11-20 period.
| | | | | | | |
b. 9-11% annually in Latin America and the Asia-Pacific during the Year
| | | | | | | | | |
11-Year 15 period and 7-9% annually in these regions during the Year
| | | | | | | | | | | |
16-Year 20 period.
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, c. 6-9% annually in all four geographic regions during the Year 11-Year
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15 period and 7-8% annually in all four regions during the Year 16-Year
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20 period.
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d. 10-12% annually in North America and Europe-Africa during the Year
| | | | | | | | |
11-Year 15 period and 6-8% annually in these regions during the Year
| | | | | | | | | | | |
16-Year 20 period.
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e. 6% annually in all four geographic markets during Years 11-15, and
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then slow gradually to 3% annually in all markets by Year 20. - ✔✔✔
| | | | | | | | | | | | | |
Correct Answer > b. 9-11% annually in Latin America and the
| | | | | | | | | | |
Asia- Pacific during the Year 11-Year 15 period and 7-9% annually in
| | | | | | | | | | | |
these regions during the Year 16-Year 20 period.
| | | | | | | |
The factors that affect a company's S/Q rating include:
| | | | | | | |
a. the size of annual base pay increases; reject rates; expenditures for
| | | | | | | | | |
best practices training; whether plant upgrade B has been installed.
| | | | | | | | | |
b. the number of performance features built into branded
| | | | | | |
models/styles annually; the durability of its athletic shoes; how much
| | | | | | | | | |
best practices training the average production worker has had; and
| | | | | | | | | |
plant reject rates.
| | |
c. whether plant upgrade C has been installed; a company's cumulative
| | | | | | | | |
spending for TQM/Six Sigma quality control programs; and
| | | | | | | |
expenditures for new styling/features per model.
| | | | | |
d. how well compensated its work force is; whether shoes are produced
| | | | | | | | | |
with standard materials or superior materials; the durability and quality
| | | | | | | | | |
of the footwear, and how many models/styles are included in its
| | | | | | | | | | |
product line.
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