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Comp XM Practice Quiz Solved 100% Correct
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Comp XM Practice Quiz Solved 100% Correct
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Comp XM Practice Quiz Solved 100% CorrectA cash injection during the year, automatically triggered when the company runs out of
cash. - ANSWER-Emergency Loan
Age and ___________ are the only two positioning criteria that remain constant from
year to year - ANSWER-reliability
all R&D, Marketing, and TQM costs. - ANSWER-S,G&A expenses
An investment intended to lower labor costs in Capstone Production is called
automation. - ANSWER-True
Awareness is generated by promotion expenditures and does not decay once you raise
it to a new level. - ANSWER-False
Contribution Margin is a measure of the % gross profit you make per unit sold (price
less direct materials, direct labor and inventory expense). - ANSWER-True
Current Assets - Current Liabilities - ANSWER-working capital
Equity divided by Shares Outstanding. - ANSWER-Book Value Per Share
How can production lines double their capacity? - ANSWER-Add a second shift
How much do segment prices fall each year? - ANSWER-$0.50
If you are marketing to High End customers, which criteria are most important to them in
order of importance? - ANSWER-Positioning, Age, MTBF, Price
If your team decides to introduce a new sensor product, when should capacity and
automation be purchased? - ANSWER-One round prior to product release
In order to enter a decision, you must Save a Draft to your local computer. - ANSWER-
False
Increasing Training Hours in the HR Module tends to - ANSWER-increase productivity
money left after investment that a company can either put in the bank or give to
shareholders in the form of a dividend. - ANSWER-Free cash flow
On the Income Statement, which of the following would be classified as a variable cost?
- ANSWER-Direct Labor Expense
Proper production planning calls for setting production equal to the default Sales
Forecast generated in the Marketing module less existing inventory. - ANSWER-False
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