BSG Final Exam Questions and Correct Answers Latest Update 2024 Already Passed
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BSG Fnal Exm
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BSG Fnal Exm
BSG Final Exam Questions and Correct Answers Latest Update 2024 Already Passed
The benefits of pursuing a strategy of social responsibility and corporate citizenship include: - Answers The positive impact that such a strategy has on the company's image rating, provided the company spends a meanin...
BSG Final Exam Questions and Correct Answers Latest Update 2024 Already Passed
The benefits of pursuing a strategy of social responsibility and corporate citizenship include: - Answers
The positive impact that such a strategy has on the company's image rating, provided the company
spends a meaningful amount on socially responsible activities and such spending is sustained over a
multi-year period.
If a company's managers If a company's manager wants to succeed in creating a differentiation based on
competitive advantage (and a potential cost advantage in achieving this differentiation) that is difficult
for rivals to quickly or easily copy (because every strategy move a company makes to outcompete rivals
and gain a competitive advantage is not apparent from information contained in the FIR and the
competitive intelligence report), then manages have to - Answers do a better job than rivals in
identifying and implementing ways to become very cost efficient in producing and marketing 350 to 500
models/styles of branded footwear that also have the highest S/Q rating in the industry.
Valid reasons to consider building a new plant in Latin America include - Answers lower tariff on
footwear sales in LA (because no import tariffs are paid on footwear produced at the LA plant and
shipped to the distribution warehouse in LA)
A company stands a better chance of achieving cost-based competitive advantage over rivals if its
managers - Answers pursue a number of cost-reducing initiatives that can be concealed from rivals
(because such initiatives are not part of the information contained in the FIR and Competitive
Intelligence Reports)
- are successful in identifying what actions promote greater cost efficiency across all aspects of company
operations and in actually achieving the cost-reducing opportunity without overspending to do so, while
many rivals also striving to win a low-cost advantage fall short in their efforts to achieve matching cost
reductions.
Which of the following does NOT help a company's social responsibility strategy results in a higher image
rating - Answers spending additional money on celebrity endorsements and advertising to help inform
the general public about the company's good deeds in being a good corporate citizen and its socially
responsible activities
- reducing the prices the company charges its customers for branded footwear
Some social responsibility and citizenship actions have a bigger positive impact on your
company's Image Rating than do others. - Answers The biggest impacts relate to "green" footwear
materials and
charitable contributions, not so much because they are "more important" than the other four as
because
they are more visible to the public (and can entail bigger dollar expenditures).
, It makes good economic sense for company managers to consider investing $3.5 mil /mil pairs of
capacity for a plant facilities upgrade that will boost labor productivity by 25% - Answers At plant that
currently has labor productivity of 3,200 pairs/worker and total employee compensation of $20,000
annually because the upgrade will cause labor costs/pair produced to decline from $6.25 to $5.00
Labor costs/pair = 20,000/3,200 = $6.25
After increase in productivity = 20,000/(3,200*1.25) = $5.00
Reduction = $1.25
- boost at a plant where $18,000 for 3,000 pairs vs. $4,000 for same 3,000.
which of the following combination of actions will likely provide the biggest competitive benefits in
helping a company achieve a differentiation-based competitive advantage over many of its rivals -
Answers Offering 400 or more models/styles to buyers in all four geographic regions, maintaining a
celebrity appeal rating of 200 or higher in all four geographic regions, selling branded footwear 7 star or
higher S/Q in all 4 regions, rebate $9 in all 4 regions.
It is both reasonable and wise for a company to consider shifting away from pursuit of a strategy to
strongly differentiate its branded footwear from the offering of rival companies and sell its footwear at a
premium price when - Answers a big percentage of industry rivals are trying to outcompete each other
with copycat differentiation strategies that include high s/q ratings, many models, high celebrity appeal,
and above avg. advertising expenditures.
Which one of the following is NOT of much significance to company managers in deciding whether
profitable opportunity exists to build additional plant capacity in the upcoming decision round? -
Answers Information in the most recent FIR indicates that more than half of the companies in the
industry have expanded their plant capacity since yr 10
If a company's actual results of revenues, net profits, EPS and ROE turns out to be worse than projected
because competition from rival firms in one or more geographic regions was stronger than anticipated
by company managers. - Answers the competitive efforts exerted by rival companies to capture sales
and market share for themselves in one or more geographic region proved stronger than company
managers anticipated, given the estimates they entered for the various industry avg. affecting internet
sales and ....
- competition from one or more rivals was stronger than anticipated.....
which of the following are effective ways for managers to try to boost a company's stock price - Answers
increase the company's dividend payment to shareholders each yr by at least $0.05/share, repurchase
shares of common stock, and make every effort to achieve annual increase in earnings/share.
which one of the following is an advantage of having plants to manufacture athletic footwear in all 4
regions - Answers reduced exposure to adverse exchange rate cost adjustments (because having plants
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