BSG Comprehensive Study Exam Questions And Answers Verified 100% Correct

BSG Comprehensive Study Exam Questions And Answers Verified 100% Correct The most competitively effective and very likely most profitable long-term approach to reducing or eliminating the impact of paying tariffs on pairs imported to a company's distribution warehouse in Europe-Africa is to - ANSWER -build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all (or at least most) of the pairs the company intends to try to sell in the Europe-Africa region Production improvement option B (with capital costs of $1.6 million per million pairs of production capacity and annual depreciation costs of 10%) that reduces production run setup costs by 50% each year makes the most economic sense in which one of the following circumstances? - ANSWER -Company managers expect to produce 350 models/styles and 6 million pairs of branded footwear on an ongoing basis at a 6-million pair capacity facility in the Asia-Pacific-annual production run setup costs for 350 models of branded footwear are $9 million Which one of the following has a direct negative impact on a company's image rating - ANSWER -decreases in the company's global average S/Q rating for branded footwear Which of the following actions is not one of the optional initiatives that a company can include in its social responsibility strategy to boost its image rating over the long term? - ANSWER -using enviromentally friendly or green materials in producing athletic footwear Which sets of actions are unlikely to help a company achieve a differentiation based competitive advantage over some/many of its rivals? - ANSWER -Raising worker base pay by 10% or more each year One of the lessons about competing in a globally competitive marketplace that comes from playing the BSG game? - ANSWER -competition is dynamic and always evolve company's management team to abandon efforts to win contracts to supply private label footwear to chain retailers - ANSWER -it believes the company has a good prospects to profitability sell all of the branded pairs it can produce Pursuing a strategy of social responsibility and corporate citizenship - ANSWER helps increase a company's image rating/brand reputation Which statements about striving to reduce labor costs per pair produced at each of company's production facilities - ANSWER -Achieving labor costs per pair produced at a particular production facility which one of the following actions is usually a dependable and appealing way for manger to try to boost their company's EPS - ANSWER -repurchase shares of the company's common stock The Time Series competitive Efforts section of the CIR which provides every company's management team with a means - ANSWER -drawing conclusions about what level of competitive effort The managerial value of regularly consulting the data in the Year to Year Performance Highlights report has to do with the data provided being the quickest and best way - ANSWER -review the caliber of the operating results and key performance outcomes being achieved in all four geographic regions One appealing way for a company to adjust to favorable and unfavorable - ANSWER -adjust prior year shipping patterns and its pricing and marketing strategies to sell more What is the value of contracting with celebrities to endorse the company's brand of athletic footwear - ANSWER -Celebrity endorsements strengthen a company's overall competitive While contracting with celebrities to endorse a company's brand adds to the competitive power of its product offering vis a vis the offering of rivals - ANSWER -One of the big risks of bidding to win contracts for celebrities' Which of the following is an advantage of having production operations to manufacture athletic footwear in all four geographic regions - ANSWER -Reduced exposure Which of the following actions is unlikely to help boost a company's market share in all four geographic regions - ANSWER -replacing all refurbished equipment with new equipment at each of the company's production facilities A company's strategy to be a low cost provider of branded footwear can fail to produce good company performance when - ANSWER -managers of not operate the company's production facilities Which of the following is not a factor that helps determine a company's credit rating - ANSWER -current ratio The most important results from the latest decision round that company managers need etc - ANSWER -the comparative competitive efforts data Which one of the following is most likely to be an effective or attractive way to try to reduce manufacturing costs per pair produced at a particular plant - ANSWER -Cutting expenditures for Six Sigma Company managers should give serious consideration to changing from a low cost low price strategy for branded footwear to a different strategy when - ANSWER both the internet and wholesale segments in all four regions are crowded with competitors selling branded footwear at below average prices Which of the following cost saving actions can potentially result in a company gaining a sustainable cost advantage over rivals because the actions to cut costs cannot be detected from the information in either the FIR or the Comparative competitive Efforts section of the CIR - ANSWER -actions to try to produce branded footwear for any giving S/Q The installation of production improvement option D which boosts worker productivity by 50% by using robots to assist in producing footwear - ANSWER is a more economically attractive means for reducing labor costs per pair produced production facility in North America than for a production facility in the Asia Pacific 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? - ANSWER -Increasing worker base pay by the allowed maximum of 15% each and every year until the company's base pay compensation per employee exceeds the total compensation per employee ($/year) of all other companies in the industry