GLO-BUS-Sample Quiz Questions with Complete Solutions

GLO-BUS-Sample Quiz Questions with Complete Solutions 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 Which of the following statements does NOT accurately describe how your company's performance is scored on the Best-in Industry standard? -Answer-If EPS gives an instructor-assigned weight of 20 points, a company with an industry leading EPS performance of $5.00 (that is above investor -expected EPS of $3.70) gets a score of 20 points and a company with EPS of $3.00 (Which is 60% as good as they leader's of $5.00) gets a score of 12 points (60% of 20 points) If image Rating is given a weight of 20 points by your instructor, a company with an industry-leading Image Rating of 80 (10 points above the investor expected rating of at least 70) earns a score of 20 points. If ROE is given a weight of 20 points by your instructor a company with an industry- leading ROE performance of 30% that happens to be 5% points above the investor expected ROE at 25% earns a score of 20 points plus 5 point bonus for achieving an ROE that is five percentage points above the investor expected ROE The factors that affect the productivity of Camera PAT's and drone PAT's include? - Answer-How the total compensation packages (not including overtime pay) of camera/drone PAT members compare to the all-company average compensation levels and the amount a company spends annually per camera/drone PAT on training and productivity-enhancing assembly methods the size of assembly quality incentives paid to camera/drone PATs, how favorably the overall size of the company's total compensation package (not including overtime pay) per camera/drone PAT member compares against the camera/drone all-company averages, and changes in the number of camera/drone models that have to be assembled. The factors that affect a company's P/Q Rating include? -Answer-The caliber of core components, a company's cumulative spending for new product R&D, engineering and design, the number of models, camera body ergonomics/durability and the number of special utility features Which of the following does NOT have a bearing in determining a company's action camera sales and market share in a particular geographic region? -Answer-The P/Q ratings of the various brands of UAV drones offered for sale in the region The factors that affect the p/Q rating of a company's action cameras does NOT include? -Answer-The color and weight of camera body The factors that affect a company's P/Q rating for UAV drones do NOT include? - Answer-A company's cumulative spending on product advertisement Which of the following is NOT accurate as it concerns the retailers and buyers of action capture cameras? -Answer-People interested in purchasing a wearable action camera to record videos of their activities do not research to educate themselves about features, performance, and prices of the various brands and models. Which of the following are three factors used to determine a company's credit rating? - Answer-its current ratio, its debt to equity ratio, and its interest coverage ratio Which of the following currencies are NOT involved in affecting the revenues your company receives on shipments of action-cameras and UAV drones to buyers in the four-geographic regions where it does business? -Answer-Europe-Africa euro- rands Which one of the following is NOT a factor in determining a company's unit sales and market share for action-capture cameras -Answer-Whether a company's credit rating is B or better and how many special utility features it has incorporated into its cameras The extent to which a company's online price for its action cameras at its website in each geographic region is above/below the all-company regional average online price A camera- maker's price competitiveness in a particular geographic region is determined by -Answer-How much its average wholesale price to camera retailers in the region is above or below the regional average wholesale price. Whether its price is above or below the average price of all companies competing in that geographic region e. How favorably the company's price compares to the highest price being charged by a rival company in the same geographic region Which of the following is not accurate as it concerns the retailers and buyers of action capture cameras? -Answer-People interested in purchasing a wearable action camera to record vedios of their activities do not research to educate themselves about features, performance, and prices of the various brands and models. Retailers typically carry anywhere from 2-4 brands of action capture