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Exam (elaborations)

Capsim Preview Test Questions |Latest Release

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Capsim Preview Test Questions |Latest Release| All of the following are important considerations before lowering a product selling price EXCEPT: Does our company have enough contribution margin to cover costs for that product? As a low-cost producer, we are expected to have the lowest price...

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  • September 23, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAPSIM
  • CAPSIM
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AceTests
CAPSIM Practice Exam Quesions
[100% Correct]
4 p's *Ans* price, product, promotion and place



annual reports *Ans* results from the previous year



areas of the company *Ans* research and development, marketing, production, finance



average case assumes *Ans* the current growth continues into the future indefinitely



balanced scorecard assesses 4 categories *Ans* 1. financial

2. internal business process

3. customer

4. learning and growth



best case assumes *Ans* a higher growth rate



book value *Ans* equity divided by shares outstanding



broad cost leader strategy *Ans* maintains a presence in both segments. low priced products with
solid value



broad differentiation strategy *Ans* maintains a presence in both segments, products with excellent
design, high awareness and easy accesibility, premium products for the industry



Capital can be acquired through: *Ans* current debt, stock issues, bond issues, profits

, cost leader with product lifecycle focus *Ans* competitive advantage on the basis of price to reap
sales, reliable products for mainstream customers



differentiation with product lifecycles *Ans* distinguishes products with excellent design, high
awareness, easy accessibility, above average pricing, premium products (brand name)



Finance department is concerned with *Ans* 1. acquiring capital

2. establish a dividend policy

3. setting accounts payable and accounts receivable policy

4. drive a good financial structure

5. selecting and monitoring performance measures



for each product, the production department *Ans* schedules number of units to manufacture, and
changes capacity and automation



Foundation fast track *Ans* an industry report that has key info about your company and your
competitors



healthy margin *Ans* difference between a products manufacturing cost and its price



High Tech priority *Ans* 1. Ideal Position Pfmn 7.4 Size 12.6 33%

2. Age Ideal Age = 0.0 29%

3. Price $25.00 - 45.00 25%

4. Reliability MTBF 17000-23000



high tech segment circles move at what rate on the perceptual map every year? *Ans* 1



human resources module adresses these areas: *Ans* 1. complement

2. caliber

3. training

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