MBA 706 Final Exam: Questions With Exact Answers
Profit = ___________ - Costs Correct Answer - Sales revenue
____________ = Sales revenue - Costs Correct Answer - Profit
The proper equation for sales revenue is:
Sales Volume x Price
Variable Costs + Fixed Costs Correct Answer - Sales Volume x Price
The proper equation for costs is:
Sales Volume x Price Costs
Variable Costs + Fixed Costs Correct Answer - Variable Costs + Fixed
Costs
To Increase Profitability companies can do the following except for:
•Increase sales volume
•Change prices
Keep the costs the same Correct Answer - Keep the costs the same
According to Ansoff's Growth matrix, the current products and markets will
fall under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Penetration
According to Ansoff's Growth matrix, the current products but with new
markets will fall under ___________
,Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
According to Ansoff's Growth matrix, the new products but with current
markets will fall under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Product Development
According to Ansoff's Growth matrix, the new products and markets will fall
under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Diversification
Michael's dealership involves a "Low-risk strategy and possibly max out
quickly" this is an example of:
Market Penetration
Market Development
Product Development
, Diversification Correct Answer - Market Penetration
Mia is convincing our current users to drink Pepsi for lunch and dinner. This is
an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Penetration
According to Ansoff's Growth Matrix, A new use for product and reaching out
to new segments is an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
Sally's new chalk product is not only for public schools, it's also for the kids
who want to use them on the playground, this is an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
Sylvia wants to introduce new running shoes to her loyal customers who run
marathons, this is an example of:
Market Penetration
Profit = ___________ - Costs Correct Answer - Sales revenue
____________ = Sales revenue - Costs Correct Answer - Profit
The proper equation for sales revenue is:
Sales Volume x Price
Variable Costs + Fixed Costs Correct Answer - Sales Volume x Price
The proper equation for costs is:
Sales Volume x Price Costs
Variable Costs + Fixed Costs Correct Answer - Variable Costs + Fixed
Costs
To Increase Profitability companies can do the following except for:
•Increase sales volume
•Change prices
Keep the costs the same Correct Answer - Keep the costs the same
According to Ansoff's Growth matrix, the current products and markets will
fall under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Penetration
According to Ansoff's Growth matrix, the current products but with new
markets will fall under ___________
,Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
According to Ansoff's Growth matrix, the new products but with current
markets will fall under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Product Development
According to Ansoff's Growth matrix, the new products and markets will fall
under ___________
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Diversification
Michael's dealership involves a "Low-risk strategy and possibly max out
quickly" this is an example of:
Market Penetration
Market Development
Product Development
, Diversification Correct Answer - Market Penetration
Mia is convincing our current users to drink Pepsi for lunch and dinner. This is
an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Penetration
According to Ansoff's Growth Matrix, A new use for product and reaching out
to new segments is an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
Sally's new chalk product is not only for public schools, it's also for the kids
who want to use them on the playground, this is an example of:
Market Penetration
Market Development
Product Development
Diversification Correct Answer - Market Development
Sylvia wants to introduce new running shoes to her loyal customers who run
marathons, this is an example of:
Market Penetration
