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Capsim Exam/70 Questions and Answers/A+ Graded
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Capsim Exam/70 Questions andAnswers/A+ Graded
Products are invented and revised by which department? - -Research and
Development
-What is the industry newsletter called? - -Capstone Courier
-Which of these investments is not a function of the Production department?
- -Wage Increases
-What are your company's options for raising money? - -Borrowing Long-
term debt
Borrowing Short-term debt
Issuing Stock
-Prices are established by the: - -Marketing Department
-The Proformas are dynamic financial statements that recalculate based on
your decisions, true or false? - -True
-Who is responsible for one of the five products in your starting product line?
- -Product Manager
-Who is responsible for one of the five market segments? - -Segment
Manager
-Who is responsible for R&D, Marketing, Production, or Finance? - -
Functional Manager
-Who is responsible for predicting the behavior of one or more of your
competitors? - -Competitive Intelligence Officer
-For every dollar above the price range will lose how much demand for your
product? - -20%
-Automation ratings are used to...
Automation ratings can be anywhere from...
The higher the automation rating; - -determine labor costs.
1.0 to 10.0
the lower the labor cost
-It takes how long to add more capacity or automation to a product line? - -
One year
, -The company will receive how much of the original purchase price when
you sell capacity? - -65%
-Issuing more shares (does what) to your available cash but it will also (does
what) your stock price? - -increases, dilutes
-Issuing long term debt will increase your available cash but your company
will have to pay an (?) for this loan moving forward. - -interest expense
-Bonds are sold as a (?) year note, which are not due until (?) years from the
point you issued them. - -10, 10
-Current debt will be repaid next year but has a (higher/lower) interest rate
than long term debt. - -lower
-When do you retire stocks or bonds? - -when the company has excess
retained earnings left over at the end of the year.
-Proformas are essentially if-then statements, which means... - -If your
decisions come true then this is what everything will look like at the end of
the year.
-What might you do if net investments increase? - -You may need to
increase your borrowing in finance to help pay for the additional investment.
-Action Steps:
Research current customer buying criteria in the Courier
Display the R&D worksheet
Adjust Performance, Size, MTBF
Observe impacts upon Age, material cost, and completion dates
Save the decisions - -Reposition a product
-Action Steps:
Research the competitive environment in the Courier
Display the Marketing worksheet
Enter decisions for Price, Promotion and Sales Budgets
Observe the decision impact upon the computer's forecast
Develop a worst case estimate for demand
Enter your worst case estimate for in the sales forecast
Save the decisions - -Marketing a product
-Action Steps:
Estimate a best case for demand for each product this year
Display the Production worksheet
Observe existing inventory
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