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CAPSIM questions and answers rated A+ 2024/2025
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CAPSIM questions and answers rated A+ 2024/2025
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CAPSIMProformas - ANSprojections for upcoming yr
Annual Reports - ANSresults from the preceding 12 months
Where do you input departmental selections? - ANSFoundation Spreadsheet
four Main Company Departments - ANS1. Research and Development
2. Marketing
three. Production
4. Finance
(HR and TQM can also be used)
Where is the Customer Survey Score located? - ANSin Foundations FastTrack
What yr does Foundation FastTrack document? - ANSreports "Last Year's Results"
Research and Development (R&D) - ANSPRODUCT
-designs product line
-invent and revise merchandise
Marketing - ANSPRICE, PROMOTION, PLACE
-chargeable for income forecasts
Production - ANS-determines what number of units will be synthetic at some stage in the 12
months
-responsible for buying and promoting product traces
Finance - ANS-makes sure your organization has the financial resources it desires to run via
the 12 months
-increases $ thru 1-year financial institution notes, 10-yr bond, or inventory issued
-issues stock dividends, buy lower back inventory, or retire bonds before their due date
Plug-Ins - ANS-coordinate group dialogue and consensus
R&D and Marketing - ANSmake positive merchandise meet customer expectancies
R&D and Production - ANSensure assembly lines are purchased for brand new merchandise
Marketing and Production - ANS-make sure production portions are in step with forecasts
-determines stage of potential
, Marketing and Finance - ANS-assignment sales for every product and set Accounts
Receivable Policy
Accounts Receivable Policy - ANSamount of time clients can take to pay for their purchases
Finance and Production - ANSwork collectively while agency needs cash for extra
equipment
Finance and All Departments - ANSFinance Department acts as a watchdog over company
fees
Practice Rounds - ANSallow you to organize workflow some of the contributors of your
agency
-in which you experiment with your selections in a aggressive environment
Competition Rounds - ANSoccurs after practice rounds
-businesses compete for up to 8 rounds (8 years)
Decision Audits - ANSa whole path of crew selections
-help discover decision-making strengths and weaknesses
To make certain company success, Successful Managers Will (three)... - ANS-examine
marketplace and competing products
-create and execute a strategy
-coordinate organisation sports
Industry Conditions Report - ANS-help you to recognize your clients
-lists marketplace segment sales percentage and projected increase charges precise for
your simulation
-posted ONCE at beginning of simulation
2 Customer Market Segments - ANS-low tech
-excessive tech
four Buying Criteria Considered by Customers - ANS1. Price
2. Age
3. MTBF (mean time before failure)
four. Positioning
Price-low tech - ANSwant inexpensive products
Price-excessive tech - ANSwilling to pay higher charges
Age-low tech - ANSprefers demonstrated generation that's been on the market for years
Age-high tech - ANSwants new generation
MTBF-low tech - ANSsatisfied with lower scores
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