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Comp XM Practice Quiz - Questions & Answers

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Comp XM Practice Quiz - Questions & Answers

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  • January 27, 2024
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  • 2023/2024
  • Exam (elaborations)
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Comp XM Practice Quiz - Questions & Answers

If your team decides to introduce a new sensor product, when should
capacity and automation be purchased? ✔️ Ans - One round prior to
product release

What is a market segment? ✔️ Ans - A group of customers with
similar purchasing concerns

Age and ___________ are the only two positioning criteria that remain
constant from year to year ✔️ Ans - reliability

Which one of the following is NOT one of the four product characteristics
that R&D can set? ✔️ Ans - quality

The promotion budget affects: ✔️ Ans - Awareness

If you are marketing to High End customers, which criteria are most
important to them in order of importance? ✔️ Ans - Positioning, Age,
MTBF, Price

Which financial obligation is best satisfied with Current Debt? ✔️ Ans -
?

Which financial obligation is best satisfied with Bond Issues? ✔️ Ans -
Paying for increased production capacity

The exact outcome of TQM efforts appear on the TQM Report, and as bar
charts on the TQM spreadsheet. These results are for ✔️ Ans -
cumulative for the previous and all remaining rounds (assuming no
additional investment is made)

Increasing Training Hours in the HR Module tends to ✔️ Ans -
increase productivity

What is the minimum amount of time that it takes to invent a new sensor?
✔️ Ans - 1 year at least

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