MN MFT Oral Exam 2024/2025 questions with 100% solutions(answers)
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Course
MN MFT
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MN MFT
MN MFT Oral Exam 2024/2025
questions with 100% solutions(answers)
In North America and Asia, Bauer's products are used by managers as personal productivity tools.
Because there are different mobile phone standards in these regions, Bauer has to revise the cellular
communication components of...
MN MFT Oral Exam 2024/2025 questions with 100% sol utions (answers) In North America and Asia, Bauer's products are used by managers as personal productivity tools. Because there are different mobile phone standards in these regions, Bauer has to revise the cellular communication components of these products. In North Amer ica and Asia, which of the following strategies is Bauer using? - ANSWERS product adaptation; promotion extension To achieve its profit objectives, Bauer must price its premium business model at 500 euros. The price is $600 in the U.S. at the current exchange rate of $1.20 dollars to the euro. The price is $100 below that of Bauer's nearest competitor, and the compan y wishes to maintain this low price position. If the exchange rate changes to $1.15 to the euro, the firm's price in the U.S. will... - ANSWERS rise, and the company will lose its price advantage A consumer was perfectly happy with her new home audiovisual system until she visited a friend's apartment and watched the friend stream video content wirelessly from his cell phone through his system. The consumer is now disappointed that her equipment d oes not have that capability. Which stage of the consumer purchase process is she experiencing? - ANSWERS Postproduct confirmation A company breaks even in June by selling 2,200 units and earns a profit of $875 in July selling 2,450 units. If the sales price per unit and the variable cost per unit were the same in both June and July, what was the amount of the fixed costs in each mon th? - ANSWERS $7,700 Production techniques, electronic computers, and data analytics are examples of which of the following forces in the environmental process? - ANSWERS technological Which of the following types of securities represents ownership in a firm without priority for dividends or priority in a bankruptcy? - ANSWERS Common stock A fashion retailer collects a large volume of data on consumer purchasing patterns. It uses special algorithms to discover if any unanticipated buying relationships exist. This process is known as... - ANSWERS data mining The cost of which of the following is most likely to increase immediately as the number of units produced increases? - ANSWERS direct materials used If a company is earning positive economic profits, then which of the following statements is true? - ANSWERS The company's average cost of production is lower than the price of its product Which of the following is a tool used to protect a local area network from Internet -based security breaches while providing access to legitimate outside users? - ANSWERS Firewall A retailer operating at a 35% gross profit percentage expects sales of $340,000 in April and $150,000 in May. Company policy requires ending each month with enough inventory to cover one quarter of the next month's sales. To end April with enough inventor y to produce one quarter of May sales, which of the following is the budgeted purchases amount for April? - ANSWERS $212,875 At the long -run equilibrium, firms in an industry have their marginal cost of production equal to the output's price. Which of the following is the industry's market structure? - ANSWERS perfect competition For a retail grocery chain, which of the following inventory costing methods best matches the cost of goods sold with the revenue that the chain generates? - ANSWERS First in; first out (FIFO) If the economy is at equilibrium and the federal government raises interest rates significantly, what will be the short -term outcome? - ANSWERS Real GDP will decrease, and general price levels will increase significantly A company begins the year with a book value of equity of $100 million, During the year, the company's after -tax net income is $10 million, and the company pays dividends of $5 million. Which of the following is the company's book value of equity at the en d of the year? - ANSWERS $105 million Because of an unanticipated increase in demand, a company has to increase production beyond what was budgeted. Within the relevant range, which of the following is true concerning the cost of production? - ANSWERS variable cost per unit will remain the sa me The table reports the results of a survey of 200 randomly selected students in a business school. (Chart provided) If a female is randomly selected from the group of all students, which of the following is the probability, calculated to three decimal poin ts, that she is a marketing major? - ANSWERS 0.412 Which of the following is a four -quarter simple moving average forecast for quarter 4 of 2014? - ANSWERS 117.5 When a fair coin is flipped 20 times, home many times will it land on two heads? - ANSWERS 20!/(2!(20 -
2)!) Let n represent sample size. Dividing the sum of the squared deviations around the sample mean, (n -1) instead of by n product, which type of estimate of the variance of the variable x? - ANSWERS unbiased Which of the following are two tests for evaluating alleged anticompetitive behavior under the Sherman Antitrust Act? - ANSWERS Per se violations and rule of reason On May 20, Bill's Designs LLC sends Brenda's Boutique a written offer to sell 50 pairs of new summer sandals to the boutique for $30.00 a pair. The offer states that it will be good for 30 days. Brenda accepts the offer in writing on the 29th day. Which o f the following will be the result if Bill's Designs refuses to honor the offer and Brenda's Boutique challenges the action? - ANSWERS Brenda's Boutique will win, as this was a firm offer under the Uniform Commercial Code (UCC). Research indicates that group effectiveness is most threatened by which of the following? - ANSWERS groupthink Which of the following is a software engineering tool that is typically used to standardize the design of the system? - ANSWERS Unified Modeling Language Which of the following is not a key feature of Enterprise Resource Planning software? - ANSWERS Natural language processing
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