glo-bus quiz (with 100% correct answers)
Which one of the following results from the latest decision round is LEAST important in providing
guidance to company managers in making strategic moves and decisions to improve their company's
competitiveness and rank among the top performing companies in the current decision round? -
CORRECT ANSWER The data presented in the comparative financial performances section at the top
of page 5 of the camera and drone Journal.
Which one of the following is unlikely to be an attractive and effective way to reduce the design
assembly marketing and other costs of UAV drones and help achieve a sizable competitive
advantage over rival companies based on lower overall costs per UAV drone sold? - CORRECT
ANSWER Paying PAT members minimal or no wage increases or incentives.
1.) Which of the following is an action company Co-managers can take that will help the company
meet or beat the investor-expected Roe targets in upcoming years? - CORRECT ANSWER Increasing
annual dividend payments to shareholders.
1.) Which of the following is not an action company Co-managers can take to help meet or beat the
investor expected increases in the company's stock price in upcoming years? - CORRECT ANSWER
Increasing the amount of earnings retained in the business, thereby building a large amount of cash
held in the company's retained earnings account on its balance sheet.
1.) Which one of the following is not a way to improve the P/Q rating of a company's brand of action
camera cameras? - CORRECT ANSWER Spending additional money to improve the camera mounting
device
The factors that affect a company's P/Q rating for UAV drones include - CORRECT ANSWER the
assembly quality incentives paid to drone PAT members, the company's prior-year brand reputation,
and the prior year worldwide average warranty claim rate on the company's drones.
Which of the following ARE components of the compensation package for members of production
assembly teams? - CORRECT ANSWER The dollar-cost of a PAT member's fringe benefit package,
assembly quality incentives ($ per unit assembled divided equally among PAT members), year-end
bonus for perfect attendance, and annual base wage
The factors that affect the productivity of both camera PATs and drone PATs include - CORRECT
ANSWER 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 company's present assembly plant has sufficient space for - CORRECT ANSWER up to 150
workstations, without expanding the size of the plant.
A camera-maker's price competitiveness in a particular geographic region is determined by -
CORRECT ANSWER whether its price is above or below the average price of all companies
competing in that geographic region.
, The interest rate a company pays on loans outstanding depends on - CORRECT ANSWER its credit
rating.
Which the following are not factors in determining a company's credit rating? - CORRECT ANSWER
The size of the company's year-end cash balance, the average of its ROE for the past three years,
and how many times the company has been put on credit watch.
Consumer purchases of digital cameras are seasonal with - CORRECT ANSWER about 20% of
consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40% in quarter 4.
Which of the following are the four geographic regions in which the company is selling its cameras? -
CORRECT ANSWER Europe-Africa, Latin America, Asia-Pacific, and North America.
Which of the following currencies are involved in affecting the revenues your company receives on
camera shipments to retailers in the four geographic regions of the world where it markets cameras? -
CORRECT ANSWER U.S. dollars, Taiwan dollars, Singapore dollars, euros, and Brazilian real.
Which of the following do not have a bearing in determining a company's unit sales and market share
of entry-level or multi-featured cameras in a particular geographic region? - CORRECT ANSWER
The size of the incentive bonus paid to PATs, the percentage of cameras that were outsourced, and
warranty claims costs.
The company's shipments of digital cameras to retailers in various foreign countries are subject to -
CORRECT ANSWER import duties imposed by the countries to which the cameras are shipped and
the effects of fluctuating exchange rates.
Which one of the following is NOT a way to improve the P/Q rating of a company's brand of multi-
featured cameras - CORRECT ANSWER Increasing the number of models in the company's line of
multi-featured cameras.
Assume a company's Income Statement for a given quarter is as follows: Sales Revenues (50,000),
Production Costs (26,500), Delivery Costs (1,600), Marketing Costs (8,500), Administrative Expenses
(2,000), Operating Profit (14,400), Net Interest (750), Income Before Taxes (13,650), Taxes (4,095),
Net Income (9,555). Based on the above data, which of the following statements is false? - CORRECT
ANSWER Delivery costs are 2.8% of revenues and represent the company's smallest cost
component.
One of the benefits of pursuing a strategy of social responsibility and corporate citizenship is -
CORRECT ANSWER An enhanced image rating, provided company spending for socially
responsible activities is meaningful and is sustained over a multi-year period.
Which of the following is NOT an action company co-managers can take to boost a subpar ROE? -
CORRECT ANSWER Issue additional shares of stock and use the proceeds to pay down the debt
outstanding on the company's line of credit.
Which one of the following actions is usually a dependable and appealing way for managers to try to
boost their company's EPS? - CORRECT ANSWER Achieve a differentiation-based competitive
advantage over rivals in both the entry-level and multi-featured camera segments that company
managers are savvy enough to sustain; as the market demand for digital cameras grows worldwide
and the company exploits its competitive advantage to win additional sales, the profit margins from a
growing sales volume of entry-level and multi-featured digital cameras typically results in increase in
EPS.
