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Capsim Exam -1 with complete solutions 2024_2025.
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Capsim Exam -1 with complete solutions 2024_2025.
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Capsim Exam #1 with completesolutions 2024/2025
What does your company manufacture? - ANSWER-Sensors
How was your company created? - ANSWER-It was created when the government
split a monopoly into identical competitors.
What is FastTrack? What does it include? - ANSWER-It is an extensive year-end
report of the sensor industry.
It includes customer buying patterns, product positioning, public financial
records and other info that will help you get ahead.
What is a Customer Survey Score? - ANSWER-It is a rating that can determine
sales distribution.
(Higher scores = better sales)
What is Situation Analysis? - ANSWER-It enables you to understand current
market conditions and how the industry will evolve in the next few years. (Assists
with operational planning)
What are Proformas? How will they help you? - ANSWER-They are projections for
the upcoming year.
They will help you envision the impacts of your pending decisions and sales
forecasts.
What are annual reports? How will they help you? - ANSWER-They are results
from the previous year.
, They will help you analyze last year's results.
What is Foundation Spreadsheet? - ANSWER-It's the nerve center of your
company where you formulate and finalize management decisions for every
department.
What are the four departments? - ANSWER--R&D
-Marketing
-Production
-Finance
What is Research and Development? - ANSWER-They design your product line.
They invent and revise products that appeal to your customers changing needs.
-Changes size and performance on the Perceptual Map.
What is Marketing? - ANSWER-They price and promote your products. Also
responsible for sale forecasts.
What is Production? - ANSWER-They determine how many units will be
manufactured during the year. They are also responsible for buying and selling
production lines.
What is Finance? - ANSWER-Makes sure your company has financial resources
(i.e. bonds, stock issues)
Inter-Department Coordination: R&D + Marketing - ANSWER-Work together to
make sure products meet customer expectations.
Inter-Department Coordination: R&D + Production - ANSWER-Work together to
ensure assembly lines are purchased for new products. (If production
discontinues a product, it should notify R&D)
Inter-Department Coordination: Marketing and Production - ANSWER-Work
together to make sure manufacturing quantities are in line with forecasts.
Inter-Department Coordination: Marketing + Finance - ANSWER-Work together to
project revenues for each product and to set the Accounts Receivable policy.
Accounts Receivable Policy - ANSWER-The amount of time customers can take
to pay for their purchases.
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