GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST COMPLETE SOLUTION|New Glo-Bus Quiz 2 Test Bank (updated) 2020

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NEW GLO-BUS Quiz 2 Answers Which one of the following is NOT a way to improve the P/Q rating of a company's brand of action-capture cameras? Increasing the number of models in the company's lineup ... of multi-featured cameras Adding one or two more extra performance features Increasing expenditures for camera R&D Spending several more dollars on the camera housing and on included accessories Increasing the image sensor size and the resolution of the LCD display screen <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 4 ~ Next> Actions that can lead to higher labor productivity in assembling cameras/drones do NOT include increasing annual expenditures to train camera/drone PATs in best practice assembly methods and ways to improve productivity from $2,000 per PAT to $2,250 per PAT increasing the annual bonus for perfect attendance paid to camera/drone PAT members from $800 to $875. reducing the number of camera/drone models being assembled. increasing total annual compensation per camera/drone PAT member by a minimum of 2% and a maximum of 5% annually. boosting the minimum number of cameras/drones that camera/drone PATs are expected to assemble each week -- such failure to achieve the weekly quota in as many as 4 weeks a year constitutes automatic disqualification for year-end perfect attendancebonuse~ <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 5 ~ Next> Which one of the following represent the MOST important/helpful results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's competitiveness and overall company performance in the upcoming decision round? Each company's performance on EPS, ROE, stock price, credit rating and image rating displayed on pages 2 and 3 of the Camera & Drone Journal. The Industry Overview information on p. 4 of the Camera & Drone Journal. The Industry Scoreboard data on p.1 of the Camera & Drone Journal. The company's Income Statement on p. 4 of the Company Operating Report. The comparative competitive efforts of rival companies in each geographic region that are found in Competitive Intelligence Report. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 6 ~ Next> Which of the following is NOT an action that can help boost a company's credit rating? In answering this question, you may wish to consult the Help section for page 5 of the Camera & Drone Journal and read the discussion pertaining to "The Credit Rating Measures." Temporarily reduce dividend payments to shareholders and use the cash saved from lower dividend payments to pay down 5-year and 10-year loans Put increased attention on boosting operating profits and operating profit margins in all four geographic regions -- the resulting growth in operating profits companywide will increase the company's interest coverage ratio Pay off any 1-year loans (and temporarily avoid the use of 1-year loans) because 1-year loans are considered a current liability and thus reduce the company's current ratio Issue additional shares of stock and use the proceeds to pay down 5-year and 10-year loans Repurchase shares of the company's common stock to enhance the company's debtto-equity percentages <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 7 ~ Next> If a company adds 60 new workstations at a cost of $75,000 each and also spends $20 million for addition space in its camera/drone assembly facilities to accommodate more workstations, then its annual depreciation costs will rise by $1,225,000. $980,000. $3,500,000. $1,750,000. $24,500,000. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo -bus.com/users/quaxr/t <Previous Question 8 X Next> After each decision round, company managers should make a point of examining the information on p. 2 of the Company Operating Report that concerns the company's profitability in the action camera segment in each geographic region because this report provides superb guidance about how much the company needs to raise/lower its average wholesale camera prices in each geographic region. the information in this report allows managers to see in which regions the company was most competitively successful and least competitively successful, competitive factor by competitive factor. this report provides the company's management team with convincing documentation of the precise reasons why the company's camera-related operating profits and operating profit margins were bigger in some regions than in others. total operating profits and operating profit margins are very likely to be lower in some regions than others and because management needs to take actions to boost its profitability in the underperforming regions in the upcoming decision round. this report provides superb documentation about whether the company spent too much or too little in each region on advertising, retailer support, and website product displays/info in the just-completed decision round. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 9 ~ Next> If a company pays each camera PAT member a base wage of $21,000, thereby resulting in base wages of $84,000 per 4-person PAT, and if camera PATs work an average of 2,000 hours per year to assemble 3,000 cameras annually, it follows that the hourly base wage cost for a PAT to assemble a camera would be $10.50 and that the labor cost of assembling a camera at overtime would be $15.75 per PAT. the hourly base wage cost for a PAT to assemble a camera would be $24.00 and that the labor cost of assembling a camera at overtime would be $36.00 per PAT. the hourly base wage cost for a PAT to assemble a camera would be $30.00 and that the labor cost of assembling a camera at overtime would be $60.00 per PAT. the hourly base wage cost of assembling a camera would be $28.00 and that the labor cost of assembling a camera at overtime cannot be determined from the available information due to the lack of information about compensation payments for assembly quality incentives, perfect attendance bonuses, and the cost of fringe benefit packages. the hourly base wage cost for a PAT to assemble a camera would be $28.00 and that the labor cost of assembling a camera at overtime would be $42.00 per PAT. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo -bus.com/users/quaxr/t <Previous Question 10 ~ Next> The industry-low, industry-average, and industry-high cost benchmarks on pp. 6-7 of each issue of the Camera & Drone Journal are particularly valuable to company managers who are actively considering undertaking robotics upgrades in their camera and drone assembly facilities in the upcoming decision round. have the greatest value to the managers of companies whose camera costs per unit and drone costs per unit are above the industry averages. are worth careful scrutiny by the managers of all companies because they help managers determine if corrective actions are needed in the event their company's camera/drone costs for the benchmarked cost categories do NOT appear to be competitive (or "in line") with those of rival companies. are of considerable value to the managers of companies selling low-cost/low-price action cameras and/or UAV drones but are of very limited value to the managers of all other companies. are of little value to company managers in making decisions to improve company performance in the upcoming decision round, except in those cases when a company is losing money in one or more geographic regions. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 11 Next> If your company earns an ROE of 20% at a time when the investor-expected ROE target is 25% and if the instructor-determined weight for achieving the ROE target is worth 20 points, then your company's ROE score on the Investor Expectations scoring standard will be 15 points (75% of the 20 points awarded for meeting the ROE target) 17 points 20 points (1 point for each 1% the company earned on total shareholders' equity) 18 points • 16 points (80% of the 20 points awarded for meeting the ROE target) <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 12 ~ Next> Which of the following is NOT an action company co-managers can take that has good potential for increasing the company's average ROE and helping the company meet or beat the investor-expected ROE targets in upcoming years? Paying a small annual dividend to shareholders (less than $0.50 per share) which is increased annually by about $0.05 per shares; a small but growing dividend provides the company with more cash to fund capital expenditures and/or pay down bank borrowings ahead of schedule Pursuing efforts to boost total operating profits in all four geographic regions -- the resulting growth in operating profits companywide will increase total net profits (a company's net profits are the numerator in calculating the company's ROE) Increasing annual dividend payments to shareholders (because all net profits not paid out as dividends are treated as retained earnings and because bigger retained earnings have the effect of increasing shareholders equity) Using a portion of the company's internal cash flows from operations for the next several years to repurchase shares of common stock Borrowing money from the Global Community Bank (preferably in the form of a 1-year loan that can be fully or mostly repaid the following year) and using the proceeds to repurchase outstanding shares of common stock; such action makes considerable financial sense when the company's stock price is expected to rise substantially in future years and/or when unexpectedly weak company performance in the prior year causes a drop in its stock price <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 13 ~ Next> Which one of the following actions helps increase a company's EPS? Cutting the company's selling prices for both action cameras and UAV drones in all four regions to levels at least 5% below those being charged by any company; the resulting increases in sales volumes and revenues will boost the company's EPS Striving to be the dominant seller of action cameras and UAV drones in all four geographic regions every year by having the highest P/Q ratings and out-marketing rivals; the added profits on large volume sales will drive increases of 10% or more in EPS Issuing enough additional shares of stock to raise sufficient cash to pay off all of the company's outstanding loans; cutting interest costs to zero can always be counted on to boost the company's EPS Minimizing the company's dividend payments so as to boost retained earnings--higher retained earnings divided by the number of shares outstanding result in higher EPS Allocating a portion of the company's net income each year to repurchasing shares of the company's common stock <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 14 ~ Next> The website prices virtually all companies in the industry charge Asia-Pacific buyers for UAV drones are likely to be higher than the website prices they charge UAV drone buyers in North America because unfavorable exchange rate adjustments are consistently $10 to $30 higher on sales to buyers in the Asia-Pacific region than for buyers in North America. because the production/assembly costs per drone that companies incur on UAV drones shipped to the Asia-Pacific region are many dollars higher than production/assembly costs per drone shipped to North America. when the import duties on shipments of UAV drones to buyers in the Asia-Pacific region are significantly bigger than the import duties on shipments of UAV drones to buyers in North America. because the administrative costs per drone sold that companies incur on sales to buyers in the Asia-Pacific region are over $10 higher than those incurred on sales to buyers in North America. because the corporate profits taxes that all companies have to pay to governments in the Asia-Pacific region are 35% higher on average than the corporate profits companies have to pay governments in North America. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 15 X Next> Which of the following combinations of actions will likely provide the LEAST competitive benefits in helping a company catch the eye of action camera shoppers, significantly boost overall buyer appeal for its cameras versus rival brands, and cause more camera shoppers to purchase its brand instead of rival brands in each of the four geographic regions? Boosting the number of weekly sales promotion from 4 to 7 in all four regions and also increasing the percentage discounts to camera retailers during these promotions from 11 % to 15% Boosting its P/Q rating from 5.5 stars to 6.3 stars and increasing spending for advertising from levels that are $1 ,000,000 above the prior-year regional averages to levels about $3,000,000 above the prior-year regional averages in all four geographic regions. Boosting spending for retailer support by $500,000 in all four geographic regions and instituting $7 reductions in the average wholesale prices charged to camera retailers in each geographic region Increasing the warranty period from 90 days in each region to 180 days in each region and increasing the number of camera models from 4 to 6 Increasing expenditures for website product displays/info $100,000 in all four regions and increasing advertising expenditures by $250,000 in all four regions <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo -bus.com/users/quaxr/t <Previous Question 16 ~ Next> If a company earns net income of $40 million in Year 8, has 10 million shares of common stock outstanding, pays a dividend of $1.00 per share, and has annual interest costs of $10 million, then the company would have Year 8 earnings per share of $3.00 and retained earnings of $20 million. the company's EPS for Year 8 would be $2.00, its dividend payout for Year 8 would equal 25% of net income, and its cash flow from operations would be $20 million (net income of $40 million less dividend payments of $10 million less interest costs of $10 million). the company's EPS for Year 8 would be $4.00 and its retained earnings for Year 8 would be $30 million (net income of $40 million less dividend payments of $10 million); the $30 million addition to retained earnings would cause shareholders' equity investment to increase by $30 million in Year 8. the company's retained earnings for the year would be $30 million; the $30 million in retained earnings would be shown on the company's balance sheet as a reduction in equity investment by stockholders in Year 9. the company's retained earnings for the year would be $20 million (net income of $40 million less dividend payments of $10 million less interest costs of $10 million) and its earnings per share would be $2.00. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 17 ~ Next> The benefits of pursuing a strategy of social responsibility and corporate citizenship include the enhanced profitability that results when a company opts to spend money on socially responsible activities. the positive impact that such a strategy can have on the company's image rating if the company spends a meaningful amount on socially responsible activities over a multiyear period. the boost such a strategy gives to increasing the company's global sales volume and global market share for both action cameras and UAV drones. the positive impact that such a strategy has on the company's P/Q ratings for both action cameras and UAV drones the boost such a strategy gives to the company's stock price. <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo-bus.com/users/quaxr/t <Previous Question 18 ~ Next> Which one of the following actions helps boost a company's image rating/brand reputation? Charging camera retailers an average wholesale price that is typically 10% or more below the highest price being charged in the region Making it standard practice for the company to offer all buyers of its camera and drones a full 1-year warranty Increasing the P/Q rating of the company's UAV drones Using environmentally friendly camera components and recycled materials for manuals and packaging for the company's action cameras Paying camera/drone PAT members attractively high total annual compensation packages, thereby enabling them to enjoy a standard of living well above the Taiwan average <Previous End Review Next>e < II] a Glo-Bus Software, Inc. Global Business Strategy Simulation Game https://new.glo -bus.com/users/quaxr/t <Previous Question 19 ~ Next> Which one of the following is NOT an attractive way to reduce the design, assembly, marketing, and other costs per action-capture camera sold in an effort to achieve a sizable low-cost competitive advantage over rivals? Spending aggressively (but also taking care not to overspend) on camera product R&D Striving to keeping marketing costs per camera sold in all 4 geographic regions sold to levels that are below the industry-average benchmark and, better still close to the industrylow benchmark (as reported on p. 6 of the Camera& Drone Journal) Doing whatever it takes to entirely avoid any use of overtime in assembling cameras because paying PAT members 1.5 times the hourly base wage to assemble cameras at overtime is much too expensive. Paying PAT members an attractive assembly quality incentive to help reduce warranty claims on cameras sold and also boost PAT productivity Trying different combinations of components, product enhancements, and extra performance features to be used in action cameras in order to discover the lowest cost combination for achieving a competitively appealing P/Q rating <Previous End Review Next>The above answer starts with “all or most”.file £,lit ~- Hip:cxy loabna<lcs Joals l:lelp 11 glo bus simulation - Yahoo Se X t.J GLO-BIJS Corporate lobby X ,;iJ Simulation Quiz 2 X t.J GLO-BIJS Decisions & Repafls X t.J Micrc CD a Glo- Bus Software, Inc. (US) I https:/jwww.glo- bus.com/users/quaxr/#/sim1 87% ···"<:! Q i) Most Visited ~ Getting Started ~ Amazon.com - Online... ~ Coloring Pictures ~ Best Buy \Tl myl ogin - Sam Houst... \Tl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 5 Next> Which one of the following results from the latest decision round is MOST important in providing guidance to company managers in making strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the current decision round? O The data on p. 1 of the Camera & Orone Journal O The comprehensive competitive data shown on page 1 of the Company Operating Reports @ The data presented in the Competitive Intelligence Report for each geographic region. O The data pertaining to Corporate Social Responsibility and Citizenship at the bottom of p. 3 of the Camera & Orone Journal O The data presented in the Comparative Financial Performances section at the top of p. 5 of the Camera & Orone Journal Copying. redistributing. Of website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software. Inc. <Previous l#i+ifi Next> © 2018t Privacyfile £,lit ~- Hip:cxy loabna<lcs Joals l:lelp 11 glo bus simulation - Yahoo Se X t.J GLO-BIJS Corporate lobby X ,;iJ Simulation Quiz 2 X t.J GLO-BIJS Decisions & Repafls X t.J Micrc CD a Glo- Bus Software, Inc. (US) I https:/jwww.glo- bus.com/ users/ quaxr/ #/ sim1 87% ···"<:! Q i) Most Visited ~ Getting Started ~ Amazon.com - Online... ~ Coloring Pictures ~ Best Buy \Tl myl ogin - Sam Houst... \Tl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 6 Next> If a company earns net income of $32 million in Year 1o, nas 8 million snares of common stock outstanding, pays a dividend of $1.00 per snare, and nas annual interest costs of $1o million, tnen O tne company's retained earnings for tne year would be $14 million (net income of $32 million less interest payments of $10 million less dividend payments of $8 million). O tne company's EPS for Year 1O would be $2.75 (net income of $32 million less interest payments of $1O million = $22 million divided by 8 million snares of common stock outstanding = $2.75). @ tne company's EPS for Year 1Owould be $4.00 and its retained earnings for Year 1Owould be $24 million (net income of $32 million less dividend payments of $8 million). O tne company's earnings per snare in Year 1O would be $3.00 (net income of $32 million less dividend payments of $8 million = $24 million divided by 10 million snares). O tne company's earnings per snare would be $1.40 (net income of $32 million less dividend payments of $8 million less interest payments of $10 million = $14 million divided by 10 million snares). Copying. redistributing. Of website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software. Inc. <Previous E!Hifi Next> Qu B • e , B • B • e , B • e , B • B • e , B • e , B • B • e , B • B • B • B • e , B =J 0 = ~ ®2018by Privacy P~file £,lit ~- Hip:cxy loabna<lcs Joals l:lelp 11 glo bus simulation - Yahoo Se X t.J GLO-BIJS Corporate lobby X ,;iJ Simulation Quiz 2 X t.J GLO-BIJS Decisions & Repafls X t.J Micrc CD a Glo- Bus Software, Inc. (US) I https:/jwww.glo- bus.com/users/quaxr/#/sim1 87% ···"<:! Q i) Most Visited ~ Getting Started ~ Amazon.com - Online... ~ Coloring Pictures ~ Best Buy \Tl myl ogin - Sam Houst... \Tl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 7 Next> If your company achieves an ROE of 24% (in a year when the investor-expected ROE target is 24%), if another company has an industry-leading ROE of 27%, and if ROE has a scoring weight of 20 points, then your company's ROE score on the Best-in-Industry scoring standard Will be @ 18 points O 24 points (120% of the 20 points awarded for beating the ROE target) O 20 points (20 points for matching the investor-expected ROE) O 16 points O 15 points Copying. redistributing. Of website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software. Inc. <Previous Fii+ifi Next> ©2018t Privacyfile £,lit ~- Hip:cxy loabna<lcs Joals l:lelp 11 glo bus simulation - Yahoo Se X t.J GLO-BIJS Corporate lobby X ,;iJ Simulation Quiz 2 X t.J GLO-BIJS Decisions & Repafls X t.J Micrc CD a Glo- Bus Software, Inc. (US) I https:/jwww.glo- bus.com/ users/ quaxr/#/sim1 87% ···"<:! Q i) Most Visited ~ Getting Started ~ Amazon.com - Online... ~ Coloring Pictures ~ Best Buy \Tl myl ogin - Sam Houst... \Tl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 8 Next> Wnicn of tne following is an action company co-managers snould seriously consider in trying to improve tne company's credit rating? (See tne Help document associated witn page 5 of tne Camera & Orone Journal.) O Not increasing tne compensation paid to PAT members (until tne desired credit rating is acnieved}--tnis will nelp Keep production costs for botn cameras and drones from rising @ Placing increased attention on improving operating profits and operating profit margins in all four geograpnic regions -- tne resulting growtn in operating profits companywide will increase tne company's interest coverage ratio o Increasing tne size of tne company's dividend payments to stocKnolders--tnis nelps reduce tne amount of retained earnings on tne company's balance sneet (wnicn in turn nelps increase tne company's interest coverage ratio) O Using a portion on tne company's internal casn flows and new issues of common stocK to pay nigner dividends to snarenolders O Withdrawing all funds from tne company's retained earnings account on tne balance sneet and using tne casn to pay off banK loans Copying. redistributing. Of website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software. Inc. <Previous E!Hifi Next> Qu B • e , B • B • e , B • e , B • B • e , B • e , B • B • e , B • B • B • B • e , B =J 0 = ~ ®2018by Privacy P~file £,lit ~- Hip:cxy loabna<lcs Joals l:lelp 11 glo bus simulation - Yahoo Se X t.J GLO-BIJS Corporate lobby X ,;iJ Simulation Quiz 2 X t.J GLO-BIJS Decisions & Repafls X t.J Micrc CD a Glo-Bus Software, Inc. (US) I https:/jwww.glo-bus.com/users/quaxr/#/sim1 87% ···"<:! Q i) Most Visited ~ Getting Started ~ Amazon.com - Online... ~ Coloring Pictures ~ Best Buy \Tl myl ogin - Sam Houst... \Tl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 9 Next> One of tne benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is O an ennanced credit rating. @ tne positive impact tnat sucn a strategy nas on tne company's image rating wnicn can affect tne attractiveness of botn action cameras and UAV drones. O increased job satisfaction on tne part of all PAT members (because of tneir entnusiastic approval for tne socially responsible activities undertaKen by tneir employer). o tne impact tnat sucn a strategy nas on acnieving a nigner investor-expected EPS targets. O increased global revenues from action cameras wnen 20-25% of a company's media ads in tne four regions are devoted to informing tne public of all tne good deeds and socially responsible activities being undertaKen by tne company. Copying. redistributing. Of website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software. Inc. <Previous l§f+jfi Next> © 2018t Privacyfile Ecf,t ic- 1-filtoiy llookmarb lools l::lefp 11 glo bussimulation - YahooSe X 4,J GLO-BUS Co,parateLobby X ,iJ Simulation Quiz 2 X 4,J GLO-BUS Decisionsa Reporls X t,J MicrmoftWon! - DEC-Produ X + Q) iliili Glo-Bus Software. Inc. (US} I https://www.glo -bus.com/users/quaxr/ll/sim 87% ••• ~ '(;r J 0.. Search (J, Most Visited Et Getting Sta rted Et Amazon.com - Online... Eli Coloring Pictures Et Best Buy 0, mylogin - Sam Houst... i'fl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 10 Next , Wnicn one oftne following actions nelps increase a company's image rating/brand reputation? O Paying camera/drone PAT members attractively nign total annual compensation packages, tnereby enabling tnem to enjoy a standard of living well above tne Taiwan average @Acnieving market snare gains in one or more camera/drone segments O Increasing tne credit rating oftne company's UAV drones O cnarging camera retailers an average wnolesale price tnat is typically 10% or more below tne nignest price being cnarged in the region O Using environmentally friendly camera components and recycled materials for manuals and packaging for tne company's action c ameras Copying, redistributing, « we.M ite posting is expressly prohibited a nd constitutes copyright vio lation. Copyright© 2018 by Glo-Bus Software. Inc. <Previous Fii+ifi Next > 47:44 Question List B Question 1 ,.. B Question2 B Question 3 B Question 4 B Question 5 B Question 6 B Question 7 B Question 8 B Question 9 B Question 10 B Question 11 B Question 12 B Question 13 B Question 14 B Question 15 B Question 16 B Question 17 B Question 18 B Question 19 B Question 20 " B = A nswered 0 = No A nswer © 2018 by Gl.0-BUS Software, IBC. Pri,..acy Policy I Terms of Usefile Ecf,t ic- 1-filtoiy llookmarb lools l::lefp 11 glo bussimulation - YahooSe X 4,J GLO-BUS Co,parateLobby X ,iJ Simulation Quiz 2 X 4,J GLO-BUS Decisionsa Reporls X t,J MicrmoftWon! - DEC-Produ X + Q) iliili Glo-Bus Software. Inc. (US} I https://www.glo -bus.com/users/quaxr/ll/sim 87% ••• ~ '(;r J 0.. Search (J, Most Visited Et Getting Sta rted Et Amazon.com - Online... Eli Coloring Pictures Et Best Buy 0, mylogin - Sam Houst... i'fl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 11 Next , As explained in tne Help section for tne WorKforce Compensation, Training, and Product Assemoly decision screen, if (1) a company pays a drone PAT memt>er an annual oase wage of $26,000, an $800 year-end oonus for perfect attendance, and provides a company-paid annual fringe t>enefits package wortn $3,600 and (2) a PAT is paid a $4 assemoly quality incentive per UAV drone assemoled that is equally divided among 4 PAT memt>ers, tnen if a drone PAT'S productivity is 1500 drones per year O tne total compensation cost per drone assemoled would t>e $67.67. O tne total compensation cost per drone assemoled would t>e $82.47. O tne total compensation cost per drone assemoled would t>e $97.07. O tne total compensation cost per drone assemoled would t>e $78.67. @ tne total compensation cost per drone assemoled would t>e $85.07 Copying, redistributing, Of website posting is express.ly prohibited a nd oonstitutes copyright vio lation Copyright© 2018 by Glo-Bus Software. Inc. 47:38 Question List B Question 1 ,.. B Question2 B Question 3 B Question 4 B Question 5 B Question 6 B Question 7 B Question 8 B Question 9 B Question 10 B Question 11 B Question 12 B Question 13 B Question 14 B Question 15 B Question 16 B Question 17 B Question 18 B Question 19 <Previous E!Hifi B Question 20 " Next > B = Answered 0 = No Answer ® 2018 by Gl.0-aUS Software, Inc. Privacy Poicy I Terms of Usefile Ecf,t ic- 1-filtoiy llookmarb lools l::lefp 11 glo bussimulation - YahooSe X 4,J GLO-BUS Co,parateLobby X ,iJ Simulation Quiz 2 X 4,J GLO-BUS Decisionsa Reporls X t,J MicrmoftWon! - DEC-Produ X + Q) iliili Glo-Bus Software. Inc. (US} I https://www.glo -bus.com/users/quaxr/ll/sim 87% ••• ~ '(;r J 0.. Search (J, Most Visited Et Getting Sta rted Et Amazon.com - Online... Eli Coloring Pictures Et Best Buy 0, mylogin - Sam Houst... i'fl Sam Houston Blackbo... Simulation Quiz 2 <Previous Question 14 Next, Wnicn one of tne following is unlikely to be an attractive and effective way to reduce tne design, assembly, marketing, and otner costs of UAV drones and nelp acnieve a sizable competitive advantage over rival companies based on lower overall costs per UAV drone sold? O Designing, assembling, and selling UAV drones naving a competitive P/Q rating at a lower production cost tnan rivals @ Paying PAT members minimal or no wage increases or incentives O Trying to keep tne warranty period to 60 days or 90 days (but no more tnan 120 days), if ii is competitively feasible to do so O Trying out numerous different combinations of design components, performance ennancements, and extra performance features to be used in tne company's UAV drones in order to discover tne lowest cost combination for acnieving a competitively appealing P/Q rating o Switcning to robot-assisted assembly metnods to lower labor costs per drone assembled Copying, redistributing, o, website postint;i is expressly pcohibited and constitutes copyright vio lation. Copyright©2018 by Glo-Bus Software. Inc. <Previous Fii+ifi Next> 47:23 Question List B Question 1 " B Question 2 B Question 3 B Question 4 B Question 5 B Question 6 B Question 7 B Question 8 B Question 9 B Question 10 B Question 11 B Question 12 B Question 13 B Question 14 B Question 15 B Question 16 B Question 17 B Question 18 B Question 19 B Question 20 v B = Answered 0 = No Answer © 201 8 byGl..0-SUS Software. loc. PriYacy Policy I Terms of Use\10 One of the benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is a. the positive impact that such a strategy has on the company’s credit rating which can affect the attractiveness of both cameras and drones. b. increased power and effectiveness of a company’s advertising expenditures for action cameras in all four regions in those years when the company’s total annual spending for socially responsible activities exceed the industry average (as reported on p. 3 of the Camera and Drone Journal). c. increased company ability to charge higher prices for its action cameras and UAV drones (because of widespread public enthusiasm for the company’s social responsibility initiatives) d. greater ease in achieving the invested expected performance targets for EPS, ROE and stock price, provided a company wins one or more Gold Star Awards for Corporate Citizenship. e. a higher image rating13 If company managers believe that it is important to know in which regions the company’s UAV drone marketing efforts compare favorably or unfavorably to rival companies in the industry, the information can be found a. on page 2 of the Company Operating Report. b. on page 3 of the Company Operating Report. c. on page 4 of the Company Operating Reports. d. on page 4 of the Camera & Drone Journal. e. in the Competitive Intelligence Report for each region. 17 Which one of the following actions is a reliable way for managers to try to increase the company’s EPS? a. Cutting total annual compensation per PAT member by 10% to 20%; the resulting savings on labor costs per camera/drone sold will boost total profits and EPS. b. Increasing spending on product R&D for both cameras and drones by 20% or more each decision round; the resulting increases in a company’s camera/drone P/Q ratings will boost both total profits and EPS c. Allocating a sizable portion of the company’s internal cash flows each year to repurchasing shares of the company’s common stock. d. Allocating a sizable portion of the company’s internal cash flows each year to issuing new shares of the company’s common stock. e. Allocating a sizable portion of the company’s net income each year to repurchasing some of the company camera units. 18 Which one of the following is NOT an advantage or disadvantage of shifting to robotics-assisted camera assembly methods? a. The capital cost of converting to robot-assisted camera assembly results in higher annual depreciation cost n producing/assembling cameras. b. Robot-assisted camera assembly reduces total annual compensation costs per camera PAT. c. If borrowing is used to partly or wholly finance the cash outlays required to pay for robotics upgrades, the company will incur higher interest costs until the borrowed funds are repaid. d. Installing robots at each camera workstation enables the size of PATs to remain constant thus lowering costs. e. Installing robots at each camera workstation enables the size of PATS to be cut by one member.<Previous Question 1 Next > As explained in the Help section for the Workforce Compensation, Training, and Product Assembly decision screen, if (1) a company pays a drone PAT member an annual base wage of $26,000, an $800 year-end bonus for perfect attendance, and provides a company-paid annual fringe benefits package worth $3,600 and (2) a PAT is paid a $4 assembly quality incentive per UAV drone assembled that is equally divided among 4 PAT members, then if a drone PAT's productivity is 1500 drones per year 0 the total compensation cost per drone assembled would be $67.67. 0 the total compensation cost per drone assembled would be $85.07 0 the total compensation cost per drone assembled would be $97.07. 0 the total compensation cost per drone assembled would be $82.47. 0 the total compensation cost per drone assembled would be $78.67. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Eii·MM Next > Q1 B B B B B B B B B B B B B B B B B B B B B = 0=<Previous Question 2 Next > Which one of the following actions helps increase a company's image rating/brand reputation? 0 Successfully increasing its global marketing efforts to match the efforts of rival companies in the industry 0 Increasing the company's credit rating of both short and long-term loans 0 Increasing camera and drone P/Q ratings by 1.5 stars n Spending sizable sums of money for multiple research and development initiatives to - improve the overall image of the company 0 Using environmentally friendly camera components and recycled materials for manuals and packaging for the company's action cameras Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Next > QL B B B B B B B B B B B B B B B B B B B B B =I 0=1<Previous Question 3 Which one of the following is NOT usually an effective way to reduce production/assembly costs and/or marketing costs per action-capture camera sold in an effort to achieve a sizable low-cost competitive advantage over rivals? 0 Trying different combinations of components, product enhancements, and extra performance features to be used in action cameras in order to discover the lowest cost combination for achieving a competitively appealing P/Q rating n Striving to keeping Tlarketing costs per action camera sold in all 4 geographic regions to - levels that are several dollars below the industry-average benchmark (as reported on p. 6 of the Camera & Drone Journal) n Paying PAT members a total compensation package that results in labor costs per camera - assembled that are not only below the industry-average benchmark (as reported on p. 6 of the Camera & Drone Journal) but close to the industry-low number n Keeping a watchful eye on warranty claim rates and warranty costs per camera sold and - pursuing actions to keep them below the industry-average benchmark and, more ideally, close to the industry-low benchmark (as reported on p. 6 of the Camera & Drone Journal) 0 Spending aggressively (even to the point of overspending) on camera product R&D Copying, redistribJting. or websit e posting is expressly prohibited and constitut es copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. Q B B B B B B B B B B B B B B B B B B B B B = 0=5<Previous Question 5 Next > If your company earns $3.20 per share of common stock (in a year when the investor-expected EPS target is $3.20), if another company has an industry-leading EPS of $4.00, and if EPS has a scoring weight of 20 points, then your company's EPS score on the Best-in-Industry scoring standard will be 0 16 points (") 15 points 0 20 points (for exactly achieving the EPS target of $3.20) 0 18 points 0 19 points (20 points for achieving the target minus 1 point for being below the industry leader) Copying. redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Eii·MM N'ext ><Previous Question 6 Next > Which of the following is an action company co-managers should seriously consider in trying to improve the company's credit rating? (See the Help document associated with page 5 of the Camera & Drone Journal.) () Withdrawing all funds from the company's retained earnings account on the balance sheet - and using the cash to pay off bank loans 0 Issuing additional shares of stock and using the proceeds to pay down 5-year and 10-year loans () Temporarily reducing annual camera and drone output at the assembly facili1ies to save on - assembly expenses using the cash saved to repurchase shares of stock in Year 10 and beyond () Repurchasing shares of the company's common stock; this will lower the cash used for - paying dividends, which can then be reallocated to paying down the company's bank loans and thus improvinQ its debt-equity percentaQes 0 Using a portion on the company's internal cash flows and new issues of common stock to pay higher dividends to shareholders Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Question 7 Which one of the following results from the latest decision round is MOST important in providing guidance to company managers i1 making strategic moves and decisions to improve 1heir company's competitiveness and rank among the top-performing companies in the current decision round? 0 The compre'lensive competitive data shown on page 1 of the Company Operating Reports 0 The da1a presented in the Competitive Intelligence Report for each geographic region. 0 The data on p. 1 of the Camera & Drone Journal 0 The da1a presen1ed in the Comparative Financial Performances section a1 the top of p. 5 of the Camera & Drone Journal 0 The data pertaining to Corporate Social Responsibility and Citizenship at the bottom of p. 3 of the Camera & Drone Journal Copying, redistribuling, or website pos1ing is expressly prohibited and :onstitutes c~pyrig:, t violation. c.;opynght © 201.~ oy <:io-tlu~ ::;onware, inc. Quest B Que~ B Que~ B Que~ B Que~ B Que:: B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que~ B Que:: B Que~ B Que~ B Que~ B =Answ 0 = NoA1 QUE B Q B Q B a B Q B Q B Q B Q B a B Q B a B Q B Q B Q B Q B a B Q B Q B Q B Q B a <Previous Next > ~ =Ar<Previous Question 8 Next > Which one of the following is NOT a way to improve the P/Q rating of a company's brand of action-capture cameras? 0 Spending additional money to improve editing/sharing capabilities 0 Spending additional money to improve the camera housing 0 Improving the image quality 0 Increasing the number of photo modes 0 Adding one or two more extra perfunctory functions Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous , Previous Question 9 Next > Next> Which of tne following is NOT an action that a company's management team can take to help meet or beat the investor-expected targets for ROE in upcoming years? ~ Increasing annual dividend payments to shareholders (because all net profits not paid out as - dividends are treated as retained earni1gs and because bigger retained earnings have the effect o' increasing shareholders equity) ~ Borrowing money from the Global Community Bank (preferably in the form of a 1-year loan - that can be fully or mostly repaid the followi1g year) and using the proceeds to repurchase outstanding shares of common stock; such action makes considerable financial sense when the company's stock price Is expected to rise substantially In future years and/or when unexpectedly weak company performance in the prior year causes a drop in its stock price ~ Using a portion of the company's internal cash fows from operations for the next several - years to repurchase shares of common stock ~ Pursuing efforts to boost total operating profits in all four geographic regions -- the resulting - growth in operating profits companywide will increase total net profits (a company's net profits are the numerator In calculating the company's ROE) 0 Being very creative by issuing new shares of common stock to raise capital for use in the company's camera/drone business Copying, redistnbutins, or website posting is expressly prohibited and constitutes copyright volation. Copyng·,t © 2018 by Glo-Bus Software. Inc. Ques· B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que B Que t:I. n, ,.e Questi, B Ques1 B Ques1 B QuAA1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B Ques1 B = Answe O= NoAn<Previous Question 11 Next > Which one of the following actions does NOT result in higher levels of PAT productivity in assembling cameras or drones? () Increasing annual expenditures per camera/drone PAT for training in best practice assembly - methods and ways to improve productivity 0 Assembling a greater number of camera/drone models 0 Maintaining a total compensation package that is higher than the industry average total compensation package 0 Increasing the annual base wage paid to camera/drone PAT members by 3% annually 0 Increasing the total annual compensation of PAT members relative to the industry-average compensation levels Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Next > , Previous Question 12 The makers of action-capture cameras have a strong incentive to sell their camera models to camera retailers in Europe-Africa at higner average wholesale prices than ihe average wholesale prices charged to camera retailers in the Asia-Pacific region if 0 the warranty repair costs for cameras all companies have to pay in the Europe-Africa region are $10 lower than in Latin America. n the administrative costs per camera sold that camera-makers incur on sales to camera - retailers in Europe-Africa are about $4 lower than those incurred on sales to camera retailers In Latin America. n they incur lower import duties per action camera soldishipped to camera re:ailers in Europe- - Africa tha1 the import duties they have to pay on each action camera sold/ shipped to camera retailers in Latin America. 0 they incur higher import duties per action camera sold/shipped to camera retailers in Europe-Africa than the import duties they have to pay on each action camera sold/ shipped to camera retailers in Latin America. 0 the costs of shipping AC cameras from Taiwan to camera retailers in Europe-Africa are $2 lower per camera than the cos:s of shipping AC cameras from Taiwan to retailers in Latin America. Copying, redistr buting, or websit~ posting is expressly prohibi1ed and constitutes COP,'right violation. Cop)'right e 201B by Glo-Bus Software, Inc. ,,., Questlor B Questio, B Questio, B Questio, B Ques1io, B Questio, B Questio, B Ques1io, B Questio, B Questio, B Ques1io1 B Questio, B Questio, B QuAA1io, B Questio, B Ques1101 B Questio, B Questio, B Ques1101 B Questio, B Questio, B = Answere 0 : No Ans"'<Previous Question 14 Next > Which of the following combinations of actions will likely provide the LEAST competitive benefits in helping a company catch the eye of action camera shoppers, significantly increase overall buyer appeal for its cameras versus rival brands, and cause more camera shoppers to purchase its brand instead of rival brands in each of the four geographic regions? 0 Increasing its P/Q rating from 5.5 stars to 6.3 stars while decreasing spending for advertising to levels that are $1,000,000 below the prior-year regional averages because quality is more important than advertising 0 Increasing spending for retailer support by $400,000 in all four geographic regions and instituting $10 reductions in the average wholesale prices charged to camera retailers in each geographic region 0 Adding 2 to 3 models to the company's line of cameras () Increasing the number of weekly sales promotion from 4 to 7 in all four regions and also - increasing the percentage discounts to camera retailers during these promotions from 10% to 16% () Increasing the warranty period from 60 days in each region to 180 days in each region and - increasing the number of camera models from 4 to 6 Copying, redistributi1g, or website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Gle>-8us Software, Inc. Qu, B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B< B =A O =N<Previous Question 15 Next > A company's managers should almost always give serious consideration to making significant adjustments in its camera/drone strategies and competitive approaches when n more than half of the companies in the industry are marketing 5 or more models of drones - with a P/Q rating of 6-stars or higher. 0 so many other rival companies are pursuing a similar strategy that intensive competition in makes it quite difficult to earn profit margins big enough for every company competing with that strategy to meet the investor-expected targets for EPS, ROE, stock price, and image rating. 0 so many other rival companies are pursuing different strategies that the marketplace is just not big enough for every company to meet the investor-expected targets for EPS, ROE, stock price, and image rating. 0 the company's market share is not the largest in all four geographic regions and its ROE and credit rating are also not the highest in the industry. 0 the company's market share of drone sales is below 30% in each of the four geographic regions, its credit rating is below an A-, and its ROE is below 25%. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. B a<Previous Question 16 Next > If a company adds 52 new workstations at a cost of $75,000 each and also spends $30 million for addit ion space in its camera/drone assembly facilities to accommodate more workstations, then its annual depreciation costs will rise by 0 $33,900,000 0 $1,695,000 0 $1,500,000 Q $1,950,000. 0 $3,900,000 Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Eii·MM Next ><Previous Question 19 Next > If a management team wishes to undertake efforts specifically aimed at helping the company meet or beat the investor-expected increases in the company's stock price in upcoming years, then it should pursue actions to 0 utilize a portion of cash flows from operations to repurchase shares of common stock on a regular basis to help grow EPS. () pay out at least 80% to 90% of its net profits each year in the form of dividends to - shareholders. () increase the company's current ratio and thereby provide a very big boost to quickly - achieving an A+ credit rating. 0 build the company's brand reputation; a strong, widely-known brand reputation is the biggest factor that drives the company's stock price upward. () raise enough cash to finance needed capital investments in workstation space, - workstations, and possibly robotics upgrades by issuing additional shares of stock to; this will improve the company's profitability and stock price in the long run. Copying. redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. C C C C C C C C C C C C C C C C C C C C B\<Previous Question 4 Next > If a company adds 52 new workstations at a cost of $75,000 each and also spends $24 million for addition space in its camera/drone assembly facilities to accommodate more workstations, then its annual depreciation costs will rise by O $1,200,000. O $3,900,000. @ $1,395,000. 0 $1,450,000. O $27,900,000. <Previous Question 5 Next> Which of the following is NOT an action company co.managers can take to help meet or beat the investor-expected increases in the company's stock price in upcoming years? @ Building the company's brand reputation; a strong, widely-known brand reputation is the biggest factor that drives the company's stock price upward o Using a portion of cash flows from operations to repurchase shares of common stock on a regular basis to help grow EPS o Increasing annual dividend payments to shareholders most every year o Pursuing efforts to increase total operating profits in all four geographic regions - the resulting growth in operating profits will improve total net profit and help raise the EPS, driving the company's stock price upward o Increasing the amount of earnings generated by the business which can result in higher earnings per share and return on average equity<Previous Question 6 Next > Which one of the following actions does NOT result in higher levels of PAT productivity in assembling cameras or drones? ® Maintaining a total compensation package that is below the industry average total compensation package (to minimize labor costs) o Reducing the number of camera/drone models being assembled o Increasing annual expenditures to train camera/drone PATs in best practice assembly methods and ways to improve productivity from $2,000 per PAT to $2,250 per PAT o Increasing the annual bonus for perfect attendance paid to camera/drone PAT members from $800 to $875 o Increasing total annual compensation per camera/drone PAT member by a minimum of 2% and a maximum of 5% annually <Previous Question 7 Next > If company managers believe that it is important to know in which regions the company's UAV drone business was most profitable and least profitable (so they can pursue corrective actions in the underperforrning regions in the upcoming decision round), the information can be found O in the Competitive Intelligence Report for each region o on page 3 of the Company Operating Report. o on page 4 of the Camera & Drone Journal. ® on page 4 of the Company Operating Reports. O on page 2 of the Company Operating Report.<Previous Question 9 Next > If a company earns net income of $48 million in Year 8, has 12 million shares of common stock outstanding, pays a dividend of $1.00 per share, and has annual interest costs of $10 million, then @ the company's EPS for Year 8 would be $4.00 and its retained earnings for Year 8 would be $36 million (net income of $48 million less dividend payments of $12 million); the $36 million addition to retained earnings would cause shaireholders' equity investment to increase by $36 million in Year 8. o the company's retained earnings for the year would be $20 million (net income of $40 million less dividend payments of $10 million less interest costs of $10 million) and its earnings per share would be $2.00. o the company's retained earnings for the year would be $36 million; the $36 million in retained earnings would be shown on the company's balance sheet as a reduction in equity investment by stockholders in Year 9. o the company's EPS for Year 8 would be $4.80 and its retained earnings for Year 8 would be $36 million (net income of $48 million less dividend payments of $12 million); the $36 million addition to retained earnings would cause shaireholders' equity investment to increase by $36 million in Year 8. o the company's EPS for Year 8 would be $3.60 and its retained earnings for Year 8 would be $38 million (net income of $48 million less interest payments of $10 million); the $38 million addition to retained earnings would cause shaireholders' equity investment to increase by $38 million in Year 8. <Previous Question 10 Next> One of the benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is o increased job satisfaction on the part of camera/drone PAT members. o the greatly increased chance that the company will win one or more Gold Star Awards for Corporate Citizenship given by the World Council to Promote Exemplary Corporate Citizenship o the lower interest rates on 5-year and 10-year loans the Global Community Bank charges to companies whose spending for social responsibility initiatives exceeds $3 million annually. @ the positive impact such spending has on increasing the company's image rating. O an improved credit rating.<Previous Question 14 Next > If your company earns an ROE of 25% at a time when the investor-expected ROE target is 25% and if the instructor-determined weight for achieving the ROE target is worth 20 points, then your company's ROE score on the Investor Expectations scoring standard will be o 15 points (75% of the 20 points awarded for meeting the ROE target) o 16 points (80% of the 20 points awarded for meeting the ROE target) O 25 points (1 point for each 1% the company earned on total shareholders' equity) O 20 points O 24 points (120% of the 20 points awarded for meeting the ROE target) <Previous Question 16 \lext > As explained in the Help section for the Workforce Compensation, Training, and Product Assembly decision screen, if (1) a company pays a drone PAT member an annual base wage of $24,000, an $800 year-end bonus for perfect attendance, and provides a company-paid annual frinqe benefrts packaqe worth $3,200, (2) a PAT is paid a $4 assembly quality incentive per UAV drone assembled that is equally divided among 4 PAT members, and (3) a 4-person drone PAT assembles 1500 drones per year, then O the annual total compensation cost of a fully-staffed PAT would be $112,000 and the total compensation cost per drone assembled would be $74.67. O the annual total compensation cost of a fully-staffed PAT would be $106,000 and the total compensation cost per drone assembled would be $70.67. O the annual total compensation cost of a fully-staffed PAT would be $136,000 and the total compensation cost per drone assembled would be $90.67. o the annual total compensation cost of a fully-staffed PAT would be $96,000 and the total compensation cost per drone assembled would be $64.00. O the annual total compensation cost of a fully-staffed drone PAT would be $118,000 and the total compensation cost per drone assembled would be $78.67.<Previous Question 17 Next > Which of the following is an action company co-managers should serious!ly consider in trying to improve the company's credit rating? (See the Help document associated with page 5 of the Camera & Drone Journal.) O Issuing additional shares of stock and using the proceeds to pay down 5-year and 10-year loans o Repurchasing shares of the company's common stock; this will lower the cash used for paying dividends, which can then be reallocated to paying down the company's bank loans and thus improving its debt-equity percentages o Using a portion on the company's internal cash flows and new issues of common stock to pay higher dividends to shareholders o Withdrawing all funds from the company's retained earnings account on the balance sheet and using the cash to pay off bank loans o Temporarily reducing annual camera and drone output at the assembly facilities to save on assembly expenses using the cash saved to repurchase shares of stock in Year 10 and beyond <Previous Question 18 Next > A company's managers should almost always give serious co,1sideration to making significant adjustments in its camera/drone strategies and competitive approaches when @ so many other rival companies are pursuing a similar strategy that intensive competition in makes it quite difficult to earn profit margins big enough for every company competing with that strategy to meet the investor-expected targets for EPS, ROE, stock price, and image rating. o more than half of the companies i1 the industry are marketing 5 or more models of drones with a P/Q rating of 6-stars or higher o so many other rival companies are pursuing different strategies that the marketplace is just not big enough for every company to meet the investor-expected targets for EPS, ROE, stock price, and image rating. o the company's market share of drone sales is below 30% in each of the four geographic reqions, its credit ratinq is below an A-, and its ROE is below 25%. o the company's market share is not the largest in all four geographic regions and its ROE and credit rating are also not the highest in the industryiiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 1 Next > Which one of the following actions does NOT result in higher levels of PAT productivity in assembling cameras or drones? Increasing the total annual compensation of PAT members relative to the industry-average compensation levels Increasing the annual base wage paid to camera/drone PAT members by 3% annually @ Assembling a greater number of camera/drone models Maintaining a total compensation package that is higher than the industry average total compensation package Increasing annual expenditures per camera/drone PAT for training in best practice assembly methods and ways to improve productivity Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Eii·Hi Next > II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ffiiJ GLO-BUS Corporate Le x iiJ GLO- BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~ @ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ <Previous Question 2 Next > Given the following data from a Comparative Competitive Efforts page in the CIR: Your Industry Your Company UAV DRONE SEGMENT Company Average vs. Ind. Avg. Price (average direct sale $ per unit) $1,750 $1,327 +16.0% Discount to Online Retailers 5% 11.9% -6.9 pts P/Q Rating (1 to 10 stars) 5.8 4.4 +1.4 stars Brand Reputation 72 75 -4.0% Number of Models 2 2.926 -31 .6% Online Retailers 18 26 -30.8% Website Displays ($000s) 1,600 1,657 -3.4% Search Engine Advertising ($000s) 1,100 2,104 -45.4% Retailer Recruitment ($ per unit) 180.00 128 07 +40.5% Warranty Period (days) 180 94 +91 .5% Drone Unit Demand - Direct 29.3 37.9 -22.7% (000s) 3rd Party Retailers 5.0 11.1 -55.0% Total Demand 34.3 49.0 -30.0% Gained/Lost (due to stockouts-OOOs) +1.1 -0.2 UAV Drone Units Sold (OOOs) 35.4 48.8 -27.5% Market Share 10.3% 14.3% -4.0 pts Based on the above data for your company, which of the following statements is false? Your company's three biggest competitive advantages in the UAV drone segment related to your company's competitive effort for warranty period, P/Q rating, and retailer recruitment wholesale price and model availability. • Your company's sales volume and market share in the UAV drone segment was positively impacted by your company's competitive effort for price. Your company's sales volume and market share in the UAV drone segment was negatively impacted by your company's competitive efforts for search engine advertising, discount to online retailers, and number of models. Your company gained sales of 1,100 drones due to stockouts by one or more rival companies. Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting UAV drone sales and market share resulted in a net overall competitive disadvantage of a size that produced a below-average 10.3% market share. B a II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ffiiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 3 Next > A company's managers should almost always give serious consideration to making significant adjustments in its camera/drone strategies and competitive approaches when the company's cumulative expenditures for camera R&D and drone R&D are NOT close to the highest in the industry (as reported on pages 6 and 7 of each issue of the Camera & Drone Journal). the company has been somewhat successful in achieving the annual investor-expected EPS, ROE, and stock price appreciation targets but has finished no higher than third place. the company's labor costs per camera sold and warranty claim rates for action-capture cameras are NOT well below the industry-high benchmarks (as reported on p. 6 of each issue of the Camera & Drone Journal). @ the company is struggling unsuccessfully to achieve the annual investor-expected EPS, ROE, and stock price appreciation targets. the company has been quite successful in achieving the annual investor-expected EPS, ROE, and stock price appreciation targets but has an overall score of less than 100. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Eii+ifi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,iiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 4 Next > Which one of the following actions is a reliable way for managers to try to increase the company's EPS? Allocating a sizable portion of the company's net income each year to repurchasing some of the company's camera units Cutting total annual compensation per PAT member by 10% to 20%; the resulting savings on labor costs per camera/drone sold will boost total profits and EPS Allocating a sizable portion of the company's internal cash flows each year to issuing new shares of the company's common stock Increasing spending on product R&D for both cameras and drones by 20% or more each decision round; the resulting increases in a company's camera/drone P/Q ratings will boost both total profits and EPS @ Allocating a sizable portion of the company's internal cash flows each year to repurchasing shares of the company's common stock Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Eii+ifi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,iiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 5 Next > The makers of UAV drones have good reason to sell their drone models to buyers in the AsiaPacific at lower average website prices than the average website prices charged to buyers in the Europe-Africa region if they incur lower import duties on shipments of UAV drones to buyers in Europe-Africa than they do on each drone shipped to buyers in the Asia-Pacific region. the administrative costs per drone sold that companies incur on sales to buyers in the AsiaPacific region are about $10 higher than those incurred on sales to buyers in the EuropeAfrica region. the costs of shipping UAV drones from Taiwan to buyers in the Asia-Pacific are $50 higher than the costs of shipping UAV drones from Taiwan to Europe-Africa. the production/assembly costs per drone that drone-makers incur on all UAV drones shipped to the Asia-Pacific region are many dollars higher than production/assembly costs per drone shipped to buyers in the Europe-Africa region. @ they incur higher import duties on shipments of UAV drones to buyers in Europe-Africa than they do on each drone shipped to buyers in the Asia-Pacific region. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Eii+ifi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ffiiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 7 Next > If a company reports operating profit of $70 million, earns net income of $50 million in Year 8, has 20 million shares of common stock outstanding, pays a dividend of $1.50 per share, and has annual interest costs of $15 million--all in Year 8, then the company's total earnings for Year 8 would be $10 million (net income of $50 million less interest costs of $10 million less dividend payments of $30 million = $10 million). @ the company's EPS for Year 8 would be $2.50 and its retained earnings for Year 8 would be $20 million (net income of $50 million less dividend payments of $30 million). the company's credit rating would be no less than an A because operating profit is seven times higher than annual interest costs. the company's EPS for Year 8 would be $5.50 and its retained earnings for Year 8 would be $10 million (net income of $50 million less interest costs of $10 million less dividend payments of $30 million). the company's EPS for Year 8 would be $1.50 (operating profit of $70 million less interest costs of $10 million, less dividend payments of $30 million= $30 million divided by 20 million shares). 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( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 10 Assume a company's Income Statement for Year 9 is as follows: Income Statement Data Total Revenues Cost of Goods Sold Delivery Costs Marketing Costs Administrative Expenses Operating Profit (Loss) Other Income (Expense) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Year 9 (in OOOs) $ 610,000 370,000 40,000 48,000 10,000 142,000 -2,000 -8,500 131,500 39,450 $92,050 Next > Based on the above income statement data, the companya€™s interest coverage ratio and operating profit margin are 10.83 and 15.1 %. 19.29 and 15.1 %. 15.47 and 23.3%. 17.22 and 24.6%. @ 16.71 and 23.3%. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. 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( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 11 Next > One of the benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is increased power and effectiveness of a company's advertising expenditures for action cameras in all four regions in those years when the company's total annual spending for socially responsible activities exceeds the industry average (as reported on p. 3 of the Camera & Drone Journal. greater ease in achieving the investor-expected performance targets for EPS, ROE, and stock price, provided a company wins one or more Gold Star Awards for Corporate Citizenship. increased company ability to charge higher prices for its action cameras and UAV drones (because of widespread public enthusiasm for the company's social responsibility initiatives). the positive impact that such a strategy has on the company's credit rating which can affect the attractiveness of both action cameras and UAV drones. @ a higher image rating/brand reputation. 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( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 12 Next > Which one of the following is unlikely to be an attractive and effective way to reduce the design, assembly, marketing, and other costs of UAV drones and help achieve a sizable competitive advantage over rival companies based on lower overall costs per UAV drone sold? @ Paying PAT members minimal or no wage increases or incentives Designing, assembling, and selling UAV drones having a competitive P/Q rating at a lower production cost than rivals Trying out numerous different combinations of design components, performance enhancements, and extra performance features to be used in the company's UAV drones in order to discover the lowest cost combination for achieving a competitively appealing P/Q rating Switching to robot-assisted assembly methods to lower labor costs per drone assembled Trying to keep the warranty period to 60 days or 90 days (but no more than 120 days), if it is competitively feasible to do so Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous Eii·Hi Next > II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ffiiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 13 Next > The operating profit benchmarks on pp. 6-7 of each issue of the Camera & Drone Journal showing the industry-low, industry-average, and industry-high values for operating profit per unit sold and operating profit margin in each geographic region have the greatest value to the managers of companies whose numbers are close to the industry-high benchmark values in one or more geographic regions. are least valuable to the managers of companies whose values are below the industry average benchmark. @ always merit close attention because when these benchmarks signal that a company's numbers in one or more geographic regions compare unfavorably (perhaps alarmingly so), managers are well-advised to take immediate corrective actions in the upcoming decision round. are of considerable value to the managers of companies looking for evidence that their company needs to cut their prices for cameras/drones and spend more money on various marketing efforts so as to increase unit sales and market shares in one or more geographic regions. always merit close attention because when these benchmarks signal that a company's numbers in one or more geographic regions compare favorably (perhaps too favorably), managers are well-advised to take actions to reduce their competitiveness in the upcoming decision round. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. <Previous iii·@ Next> 13 0 © Pr II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,iiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 14 Next > Which one of the following results from the latest decision round is MOST important in providing guidance to company managers in making strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the current decision round? @ The data presented in the Comparative Competitive Efforts part of the Competitive Intelligence Report for each geographic region The data presented in the Comparative Financial Performances section at the top of p. 5 of the Camera & Drone Journal The data pertaining to Corporate Social Responsibility and Citizenship at the bottom of p. 3 of the Camera & Drone Journal The data on p. 1 of the Camera & Drone Journal The comprehensive competitive data shown on page 1 of the Company Operating Reports Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. 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( •- 0 )-:> D Cl 111Bi1f - Shen.Yu-1@s I Announcement A Allocate+ Student Cl QQ <Previous Question 15 Given the following Year 9 selected balance sheet data: Assets Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities Long-Term Bank Loans Total Liabilities Shareholder Equity: Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity Year11 Balance 10,050 81,500 162,450 254,000 Year12 Change 0 0 72,000 +72,000 $106,000 228,000 263,000 $491,000 $ 53,000 0 0 20,000 73,000 92,000 165,000 10,050 81,500 234,450 326,000 $491 ,000 Next > Based on the above figures and the definition of the debt:equity percentages (or debt%:equity%) presented in the Help section for p. 5 of the Camera and Drone Journal, the companya€™s debt:equity percentages (rounded to 2 decimal places) and its current ratio are 40:60 and 3.12. 38:62 and 2.74. @ 34.66 and 3.12. 29:71 and 1.64. 31 :69 and 2.48. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo-Bus Software, Inc. B a II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,iiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 16 Next > Which one of the following actions helps increase a company's image rating/brand reputation? @ Achieving market share gains in one or more camera/drone segments Paying camera/drone PAT members attractively high total annual compensation packages, thereby enabling them to enjoy a standard of living well above the Taiwan average Increasing the credit rating of the company's UAV drones Charging camera retailers an average wholesale price that is typically 10% or more below the highest price being charged in the region Using environmentally friendly camera components and recycled materials for manuals and packaging for the company's action cameras Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Eii+ifi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ffiiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 17 Next > Which of the following is NOT an action that can help improve a company's credit rating? (The financial meausre used in determining company credit ratings are discussed in the Help document associated with page 5 of the Camera & Drone Journal.) Temporarily reduce dividend payments to shareholders and use the cash saved from lower dividend payments to pay down 5-year and 10-year loans @ Use a portion on the company's internal cash flows and new issues of common stock to pay higher dividends to shareholders. Issue additional shares of stock and use the proceeds to pay down 5-year and 10-year loans Pay off any 1-year loans (and temporarily avoid the use of 1-year loans) because 1-year loans are considered a current liability and thus reduce the company's current ratio Place increased attention on improving operating profits and operating profit margins in all four geographic regions -- the resulting growth in operating profits companywide will increase the company's interest coverage ratio Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Gia-Bus Software, Inc. <Previous Fil-Hi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,iiJ GLO-BUS Corporate Le x iiJ GLO-BUS Decisions & x iiJ Simulation Quiz 2 x f- C i ~~ https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing •.. mm lim Welcome, Shen - B :i affl'- "f, i~mt~@ ~ 11!/!D!ll!/!D! ( •- ·p D Cl 111Bi1f - Shen.Yu-1@s i Announcement A Allocate+ Student Cl QQ Simulation Quiz 2 <Previous Question 18 Next > Which one of the following is NOT a way to improve the P/Q rating of a company's brand of action-capture cameras? Increasing expenditures for camera R&D Adding one or two more extra performance features Spending several more dollars on the camera housing and on included accessories @ Spending additional money to improve the camera mounting device Increasing the image sensor size and the resolution of the LCD display screen Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Gia-Bus Software, Inc. <Previous Eii+ifi Next> II J) ~; W ') Simulation Quiz 2 . <:) TeamViewer ff,.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 1 Next > Which one of the following results from the latest decision round is MOST important in providing guidance to company managers in making strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the current decision round? e The data pertaining to Corporate Social Responsibility and Citizenship at the bottom of p 3 of the Camera & Drone Journal e The comprehensive competitive data shown on page 1 of the Company Operating Reports @ The benchmark data shown on pages 6 and 7 of the Camera & Drone Journal and how your company's numbers compare to the industry high, average, and low benchmarks e The data presented in the Comparative Financial Performances section at the top of p. 5 of the Camera & Drone Journal o The Selected Financial and Operating Statistics at the bottom of p. 5 of the Camera & Drone Journal Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Jnc <Previous iii-iii Next > @20 Privf.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 2 Next > Which one of the following actions helps increase a company's image rating/brand reputation? o Spending sizable sums of money for multiple research and development initiatives to improve the overall image of the company e Successfully increasing its global marketing efforts to match the efforts of rival companies in the industry @ Increasing camera and drone P/Q ratings by 1.5 stars e Using environmentally friendly camera components and recycled materials for manuals and packaging for the company's action cameras e Increasing the company's credit rating of both short and long-term loans Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous Fil-Hi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 3 Next > The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera & Drone Journal @ are worth careful scrutiny by the managers of all companies because when the camera/drone benchmarking data signals that a company's costs/operating profits for one or more of the benchmarks are clearly out-of-line (or unappealing), managers are well advised to take corrective action in the upcoming decision round. e are most valuable to the managers of companies whose costs are close to the industry-low values and to the managers of companies whose operating profits and operating profit margins are at or close to the industry-high benchmarks. e are of considerable value to the managers of companies pursuing a low-cost strategy but are of very limited value to managers of companies pursuing all other types of strategies to outcompete and outperform rival companies. o are worth careful scrutiny by the managers of some companies because when the camero/drone benchmarking data signals that a company's costs/operating profits for one or more of the benchmarks are clearly in-line-with (or appealing), managers are well advised to take action to increase costs in the upcoming decision round. G have the greatest value to the managers of companies that have negative operating profit per camera sold in one of more geographic regions because their marketing and/or administrative expenses per camera sold are too far above the industry averages. Copying, redistributing, orwebsite posting is expresslyprohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc. <Previous ,,... Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 5 Next > Which one of the following actions does NOT result in higher levels of PAT productivity in assembling cameras or drones? e Increasing the annual bonus for perfect attendance paid to camera/drone PAT members from $800 to $875 o Increasing total annual compensation per camera/drone PAT member by a minimum of 2% and a maximum of 5% annually o Increasing annual expenditures to train camera/drone PATs in best practice assembly methods and ways to improve productivity from $2,000 per PAT to $2,250 per PAT @ Maintaining a total compensation package that is below the industry average total compensation package (to minimize labor costs) e Reducing the number of camera/drone models being assembled Copying, rGdistributing, or W9bsits posting is 9XprGssly prohibitGd and constitutss copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous Eil+it& Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 6 Next > If a company pays each camera PAT member a base wage of $20,250, thereby resulting in base wages of $81,000 per 4-person PAT, and if camera PATs work an average of 2,000 hours per year to assemble 3,000 cameras annually, it follows that o the base wage cost of assembling a camera would be $27 00 and that the labor cost of assembling a camera at overtime cannot be determined from the available information due to the lack of information about compensation payments for assembly quality incentives, perfect attendance bonuses, and the cost of fringe benefit packages. o the base wage cost for a PAT to assemble a camera would be $28.00 and that the labor cost of assembling a camera at overtime would be $42.00 per PAT. e the base wage cost for a PAT to assemble a camera would be $24 00 and that the labor cost of assembling a camera at overtime would be $36.00 per PAT. e the hourly base wage cost for a PAT to assemble a camera would be $10.50 and that the labor cost of assembling a camera at overtime would be $15.75 per PAT. @ the base wage cost for a PAT to assemble a camera would be $27.00 and that the labor cost of assembling a camera at overtime would be $40 50 per PAT. Copying, redistributing, orwebsite posting is expresslyprohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc <Previous ,,... Next > @20 Prive.J GLO-BUS Corporate Le X '( .J GLO-BUS Decisions & X '( .J M icrosoft Word - C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 7 Next > A company's EPS can most always be bolstered by managerial actions to o allocate significant cash from new loan issues to repurchasing shares of common stock, often every year or so. e offer more camera/drone models to buyers than rivals; 7 models is ideal. o achieve an A+ credit rating--the resulting lower interest rates on borrowings help drive increases in EPS e allocate some of the company's earnings to purchasers of the company's shares of common stock, ideally most every year. ® allocate significant cash flows from operations to repurchasing shares of common stock, ideally most every year. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Softwa.r9, Inc <Previous ,,,.,, Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 8 Next > Which one of the following is NOT a way to improve the P/Q rating of a company's brand of action-capture cameras? e Increasing expenditures for camera R&D e Adding one or two more extra performance features @ Spending additional money to improve the camera mounting device e Increasing the image sensor size and the resolution of the LCD display screen G Spending several more dollars on the camera housing and on included accessories Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software, Inc <Previous E!Nifi Next > ©20 Prive.J GLO-BUS Corporate Le X '( .J GLO-BUS Decisions & X '( .J M icrosoft Word - C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 9 Next > If a company earns net income of $48 million in Year 10, has 18 million shares of common stock outstanding, pays a dividend of $0 50 per share, and has annual interest costs of $8 million, then o the company's EPS for Year 10 would be $2 67 and its retained earnings for Year 10 would be $31 million (net income of $48 million less interest payments of $8 million less dividend payments of $9 million); the $31 million in retained earnings would in turn be treated as $31 million of additional equity investment by stockholders on the company's year-end Balance Sheet. e the company's EPS for Year 10 would be $8.00 and its retained earnings for Year 10 would be $39 million (net income of $48 million less dividend payments of $9 million); the $40 million in retained earnings would in turn be treated as $40 million of additional equity investment by stockholders on the company's year-end Balance Sheet. O the company's $9 million dividend payout for the year would reduce the company's Year 10 P.Arninos [)Ar shArA hy $0 !'iO e the company's earnings per share for Year 10 would be $2.67, its retained earnings for Year 8 would be $40 million, and its cash flow from operations would be $31 million. @ the company's EPS for Year 10 would be $2.67 and its retained earnings for Year 10 would be $39 million (net income of $48 million less dividend payments of $9 million); the $39 million in retained earnings would in turn be treated as $39 million of additional equity investment by stockholders on the company's year-end Balance Sheet. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous Eii-i'i& Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.g lo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 < ::Jrevious Question 10 Next> Given the following data from a recent Comparative Competitive Efforts page in the CIR Your Industry Your Company AC CAMERA SEGMENT Company Average vs. Ind. Avg. Price (Average Wholesale Price $ per unit) $235 $250 -6.0% PIO Rating (1 to 10 stars) 5.0 5.1 -0.1 Brand Reputation 71 75 -5.3% Number of Models 3 3.1 -3.2% Retail Outlets-- Multi-Store Chains 26 35 -25.7% Online Retailers 51 68 -25.0% Local Retailers 2,150 2,897 -25.8% Retailer Support ($ per unit) 5.86 6.92 -15.3% Advertising Budget ($000s) 1,000 1,929 -48.2% Website Displays ($000s) 800 1,764 -54.6% Sales Promotions - Weeks 2 4.7 -2.7 Discount 12.0% 15.9% -3.9 pts Warranty Period (days) 60 69 -13.0% Demand for ACC Units (OOOs) 255.8 279.0 -8.4% Gained /Lost (due to stockouts) +1.3 -0.1 AC Camera Units Sold (OOOs) 257.1 278.9 -7.8% Market Share 13.2% 14.3% -1.1 pts Special AC Camera Contracts Discount Offer 0.0% Avg. Discount =12.4% Value Index 0 Avg. Value Index =71 Special Contract Units Sold (OOOs) 0 Total Units =58.5k Based on the above data for your company, which of the following statements is false? 0 Your company's price-based competitive advantage helped offset some of the negative impacts associated with your company's nine competitive disadvantages o Your company gained sales of 1,300 AC Cameras due to stockouts by one or more rival companies. O Your company had relatively small competitive disadvantages on three competitive factorsbrand reputation, number of models, and P/Q rating 0 Your company had a net overall comnetitive disadvantag?. of a size sufficient to produce a market share that was 1.1 percentage points below the industry average. @ Your company's competitive disadvantages in the AC camera segment would have greatly boosted your company's Value Index and made your camera brand highly attractive to chain retailers had your company's management team elected to compete for special contracts. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright ©2018 by GIO·BUSSoftware, Inc..J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 11 Next > One of the benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is e increased global revenues from action cameras when 20-25% of a company's media ads in the four regions are devoted to informing the public of all the good deeds and socially responsible activities being undertaken by the company. @ the positive impact that such spending has on the company's image rating/brand reputation, which in turn can positively impact sales of the the company's AC cameras and UAV drones. e the impact that such a strategy has on achieving a higher investor-expected EPS targets G an enhanced credit rating e increased job satisfaction on the part of all PAT members (because of their enthusiastic approval for the socially responsible activities undertaken by their employer) Copying, redistributing, or w ebsite posting is expre5sly prohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc <Previous ,,... Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J Microsoft Word • C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.g lo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 13 Assume a company&rsqouo;s Income Statement for Year g is as follows: Income Statement Data Total Revenues Cost of Goods Sold Delivery Costs Marketing Costs Administrative Expenses Operating Profit (Loss) Other Income (Expense) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Year 9 (in OOOs) $ 630,000 390,000 35,000 40,000 10,000 155,000 -1,000 -9,000 145,000 43,500 $ 101,500 Next > Based on the above income statement data, the companya€™s interest coverage ratio and operating profit margin are e 14.91 and 23 0% e 19.29 and 23.3%. G 16.71 and 24.6%. e 16.11 and 16.2%. @ 17.22 and 24.6%. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc <Previous ,,... Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 14 Next > The makers of action-capture cameras have a strong incentive to sell their camera models to camera retailers in Europe-Africa at higher average wholesale prices than the average wholesale prices charged to camera retailers in Latin America if o they incur lower import duties per action camera sold/shipped to camera retailers in EuropeAfrica than the import duties they have to pay on each action camera sold/ shipped to camera retailers in Latin America. @ they incur higher import duties per action camera sold/shipped to camera retailers in EuropeAfrica than the import duties they have to pay on each action camera sold/shipped to camera retailers in Latin America. e the warranty repair costs for cameras all companies have to pay in the Europe-Africa region are S10 lower than in Latin America. e the administrative costs per camera sold that camera-makers incur on sales to camera retailers in Europe-Africa are about S4 lower than those incurred on sales to camera retailers in Latin Amerirn. e the costs of shipping AC cameras from Taiwan to camera retailers in Europe-Africa are S2 lower per camera than the costs of shipping AC cameras from Taiwan to retailers in Latin America. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyrtght © 2018 by Glo-Bus Software, Inc. <Previous l&Hifi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 16 Next > Which of the following is an action company co-managers should seriously consider in trying to improve the company's credit rating? (The financial meausre used in determining company credit ratings are discussed in the Help document associated with page 5 of the Camera & Drone Journal.) e Withdrawing all funds from the company's retained earnings account on the balance sheet and using the cash to pay off bank loans e Repurchasing shares of the company's common stock; this will lower the cash used for paying dividends, which can then be reallocated to paying down the company's bank loans and thus improving its debt-equity percentages @ Issuing additional shares of stock and using the proceeds to pay down 5-year and 10-year loans e Temporarily reducing annual camera and drone output at the assembly facilities to save on assembly expenses using the cash saved to repurchase shares of stock in Year 10 and beyond e Using a portion on the company's internal cash flows and new issues of common stock to pay higher dividends to shareholders Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Jnc <Previous ,,..w, Next > @20 Privf.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 17 Next > Which of the following actions, if undertaken by company co-managers, will make it harder for the company to meet or beat the investor-expected ROE targets in upcoming years? e Making it a frequent practice to use a portion of the company's internal cash flows from operations to repurchase shares of common stock o Using a combination of internal cash flows from operations and new borrowings from the Global Community Bank to finance the company's growth and new capital investments in assembling action cameras and UAV drones; using new stock issues to finance the company's growth and capital expenditures should be done very sparingly (usually only when a company's credit rating is B or below) @ Reducing the company's dividends or not paying shareholders a dividend at all; the cash thus retained can be used to reduce the amount of bank loans needed to cover negative year-end cash balances (and thereby improve the company's credit rating). o Borrowing money from the Global Community Bank (preferably in the form of 1-year loan that can be fully or mostly repeid the following yeer) end using the proceeds to repurchese outstanding shares of common stock e Being very cautious about issuing new shares of common stock to raise capital for use in the company's camera/drone business Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyrtght © 2018 by Glo-Bus Software, Inc. <Previous l&Hifi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X '( .J M icrosoft Word · C)J. X .,;, Simulation Quiz 2 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 18 Next > If a management team wishes to undertake efforts specifically aimed at helping the company meet or beat the investor-expected increases in the company's stock price in upcoming years, then it should pursue actions to @ increase the annual dividend payments to shareholders most every year. e increase the amount of earnings retained in the business, thereby building a large amount of cash held in the company's retained earnings account on its Balance Sheet o outspend rivals on corporate social responsibility initiatives and charitable contributions, so as to encourage bigger numbers of investors who strongly support corporate social responsibility initiatives to purchase shares of the company's common stock. e increase the company's current ratio and thereby provide a very big boost to quickly achieving an A+ credit rating G utilize a portion of cash flows from operations to issue shares of common stock and use the cash to pay off bank loans Copying, redistributing, orwebsite posting is expresslyprohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc <Previous ,,... Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 1 Next > If a company earns net income of $45 million in Year 8, has 15 million shares of common stock outstanding, pays a dividend of $1.50 per share, and has annual interest costs of $20 million, then o the company would have EPS of $3.00 for Year 8 and also its retained earnings for Year 8 would be $30 million (net income of $45 million less dividend payments of $15 million). e the company's cash flow from operations would be $2.5 million (net income of $45 million less dividend payments of $22.5 million less interest payments of $20 million) @ the company would have Year 8 EPS of $3 00 and Year 8 retained earnings of $22.5 million. G the company's retained earnings for Year 8 would be $2.5 million (net income of $45 million less dividend payments of $22.5 million less $20 million in interest payments) and its Year 8 EPS would be $3.00 G the company would have EPS of $3 50 for Year 8 and also its retained earnings for Year 8 would be $22.5 million (net income of $35 million less dividend payments of $12.5 million). Copying, redistributing, orwebsite posting is expresslyprohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc <Previous ,,... Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 2 Next > Which one of the following actions does NOT result in higher levels of PAT productivity in assembling cameras or drones? e Increasing total annual compensation per camera/drone PAT member by a minimum of 2% and a maximum of 5% annually o Reducing the number of camera/drone models being assembled e Maintaining a total compensation package that is above the industry average total compensation package (to minimize labor costs) @ Reducing annual expenditures to train camera/drone PATs in best practice assembly methods (because the time spent in training reduces the time available for assembling units) G Increasing the annual bonus for perfect attendance paid to camera/drone PAT members from $800 to $875 Copying, rGdistributing, or W9bsits posting is 9XprGssly prohibitGd and constitutss copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous Eil+it& Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 4 Next > One of the benefits of spending sizable sums of money for social responsibility initiatives and good corporate citizenship over a multi-year period is e increased global revenues from action cameras when 20-25% of a company's media ads in the four regions are devoted to informing the public of all the good deeds and socially responsible activities being undertaken by the company. e an enhanced credit rating. o the impact that such a strategy has on achieving a higher investor-expected EPS targets @ the positive impact that such spending has on the company's image rating/brand reputation, which in turn can positively impact sales of the the company's AC cameras and UAV drones. e increased job satisfaction on the part of all PAT members (because of their enthusiastic approval for the socially responsible activities undertaken by their employer) Copying, redistributing, or w ebsite posting is expre5sly prohibited and constitutes copyright violation. Copyright © 2018 by Glo·Bus Software, Inc <Previous ,,... Next > ©20 Prive.J GLO-BUS Corporate Le X '( .J GLO-BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 < ::Jrevious Question 7 Next> Given the following data from a Comparative Competitive Efforts page in the CIR Your Industry Your Company UAV DRONE SEGMENT Company Average vs. Ind. Avg. Price (average direct sale $ per unit) $1,750 $1,327 +16.0% Discount to Online Retailers 5% 11.9% -6.9 pts PIQ Rating (1 to 10 stars) 5.8 4.4 +1.4 stars Brand Reputation 72 75 -4.0% Number of Models 2 2.926 -31.6% Online Retailers 18 26 -30.8% Website Displays (S000s) 1,600 1,657 -3.4% Search Engine Advertising ($000s) 1,100 2,104 -45.4% Retailer Recruitment ($ per unit) 180.00 128.07 +40.5% Warranty Period (days) 180 94 +91.5% Drone Unit Demand - Direct 29.3 37.9 -22.7% (OOOs) 3rd Party Retailers 5.0 11.1 -55.0% Total Demand 34.3 49.0 -30.0% Gained/Lost (due to stockouts-OOOs) +1.1 -0.2 UAV Drone Units Sold (OOOs) 35.4 48.8 -27.5% Market Share 10.3% 14.3% -4.0 pts Based on the above data for your company, which of the following statements is false? @ Your company's sales volume and market share in the UAV drone segment was positively impacted by your company's competitive effort for price. 0 Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting UAV drone sales and market share resulted in a net overall competitive disadvantage of a size that produced a below-average 10.3% market share. o Your company's three biggest competitive advantages in the UAV drone segment related to your company's competitive effort for warranty period, P/Q rating, and retailer recruitment wholesale price and model availability o Your company's sales volume and market share in the UAV drone segment was negatively impacted by your company's competitive efforts for search engine advertising, discount to online retailers, and number of models. 0 Your company gained sales of 1,100 drones due to stockouts by one or more rival companies. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright ©2018 by Glo-Bus Software, Inc. < ::Jrevious Fil·+& Next>.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 8 Next > Which one of the following actions helps increase a company's image rating/brand reputation? o Achieving market shares the camera/drone segments that are as high as industry average market shares e Increasing the credit rating for the company's long-term loans o Spending amounts for advertising that are no more than 5% below the prior-year industry averages in all four geographic regions @ Increasing the P/Q rating for the company's action camera models o Building a widely recognized reputation for paying camera/drone PAT members the biggest annual base wage of any company in the industry Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous Fil-Hi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 9 Next > The operating profit benchmarks on pp 6-7 of each issue of the Camera & Drone Journal showing the industry-low, industry-average, and industry-high values for operating profit per unit sold and operating profit margin in each geographic region o are of considerable value to the managers of companies looking for evidence that their company needs to cut their prices for cameras/drones and spend more money on various marketing efforts so as to increase unit sales and market shares in one or more geographic regions @ always merit close attention because when these benchmarks signal that a company's numbers in one or more geographic regions compare unfavorably (perhaps alarmingly so), managers are well-advised to take immediate corrective actions in the upcoming decision round. o have the greatest value to the managers of companies whose numbers are close to the industry-high benchmark values in one or more geographic regions. G always merit close attention because when these benchmarks signal that a company's numbers in one or more geographic regions compare favorably (perhaps too favorably), managers are well-advised to take actions to reduce their competitiveness in the upcoming decision round. o are least valuable to the managers of companies whose values are below the industry average benchmark. Copying, redistributing, orwebsite posting is expresslyprohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Inc. <Previous ,,... Next > @20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.g lo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 < ::Jrevious Question 10 Given the following Year 9 selected balance sheet data Assets Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities Long-Term Bank Loans Total Liabilities Shareholder Equity: Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity Year 11 Balance 10,050 81,500 162,450 254,000 Year12 Change 0 0 92,000 +92,000 $136,000 255,000 230,000 $485,000 $66,000 0 10,000 17,000 93,000 46,000 139,000 10,050 81,500 254,450 346,000 $485,000 Next> Based on the above figures and the definition of the debtequity percentages (or debt% equity%) presented in the Help section for p 5 of the Camera and Drone Journal, the companya€™s debt:equity percentages (rounded to 2 decimal places) and its current ratio are @ 29:71 and 2.74 o 1981 and 1.83 e 38 62 and 2.48. o 40:60 and 2.74. O 09 91 and 2.48. Copying, redistributing, or website posting is expressty prohibited and constitutes copyright violation. Copyright©2018 by Glo-Bus Software, Inc. <wrevious EIH+M Next> ©201,.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 12 Next > Which of the following is an action company co-managers should seriously consider in trying to improve the company's credit rating? (The financial meausre used in determining company credit ratings are discussed in the Help document associated with page 5 of the Camera & Drone Journal.) e Temporarily reducing annual camera and drone output at the assembly facilities to save on assembly expenses using the cash saved to repurchase shares of stock in Year 10 and beyond @ Issuing additional shares of stock and using the proceeds to pay down 5-year and 10-year loans e Using a portion on the company's internal cash flows and new issues of common stock to pay higher dividends to shareholders e Repurchasing shares of the company's common stock; this will lower the cash used for paying dividends, which can then be reallocated to paying down the company's bank loans and thus improving its debt-equity percentages e Withdrawing all funds from the company's retained earnings account on the balance sheet and using the cash to pay off bank loans Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo·Bus Software, Jnc <Previous ,,..w, Next > @20 Privf.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.g lo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 < ::Jrevious Question 13 Next> Given the following data from a recent Comparative Competitive Efforts page in the CIR Your Industry Your Company AC CAMERA SEGMENT Company Average vs. Ind. Avg. Price (Average Wholesale Price $ per unit) $290 $250 +16.0% PIO Rating (1 to 10 stars) 6.5 5.1 +1.4 Brand Reputation 72 75 -4.0 Number of Models 3 3.1 -3.2% Retail Outlets-- Multi-Store Chains 25 35 -28.6% Online Retailers 53 68 -22.1% Local Retailers 2,189 2,897 -24.4% Retailer Support ($ per unit) 7.32 6.92 +5.8% Advertising Budget ($000s) 1,600 1,929 -17.1% Website Displays ($000s) 1,200 1,764 -320% Sales Promotions - Weeks 2 4.7 -2.7 wks Discount 20.0% 15.9% +4.1 pts Warranty Period (days) 120 69 +73.9% Demand for ACC Units (OOOs) 218.5 279.0 -21.7% Gained /Lost (due to stockouts) +1.1 -0.1 AC Camera Units Sold (OOOs) 219.6 278.9 -21.3% Market Share 11.2% 14.3% -3.1 pts Special AC Camera Contracts Discount Offer 300% Avg. Discount =12.4% Value Index 81 Avg. Value Index =71 Special Contract Units Sold (OOOs) 21.9 Total Units =58.5k Based on the above data for your company, which of the following statements is false? 0 Your company's brand reputation was a slight 3.1% competitive disadvantage. 0 Your company's Discount Offer and Value Index were very competitive and accounted for why your company received special contacts to supply multi-chain retailers with 21 ,900 AC cameras. @ Your company's competitive disadvantages in the AC camera segment had equally-sized negative impacts in causing your company's market share to be 3.1 percentage points below the regional average o Your company's sales volume and market share in the AC camera segment were positively impacted by your company's P/Q rating, sales promotion discount, and warranty period. o Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting AC camera sales and market share resulted in a net overall comf).elitive disadvantag§. of a size sufficient to produce a market share that was 3 .1 percentage points below the industry average.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 15 Next > The makers of action-capture cameras have a strong incentive to sell their camera models to camera retailers in Europe-Africa at higher average wholesale prices than the average wholesale prices charged to camera retailers in the Asia-Pacific region if @ they incur higher import duties per action camera sold/shipped to camera retailers in EuropeAfrica than the import duties they have to pay on each action camera sold/shipped to camera retailers in the Asia-Pacific region e they incur lower import duties per action camera sold/shipped to camera retailers in EuropeAfrica than the import duties they have to pay on each action camera sold/shipped to camera retailers in the Asia-Pacific region e the costs of shipping AC cameras from Taiwan to camera retailers in Europe-Africa are $3 lower than the costs of shipping AC cameras from Taiwan to the Asia-Pacific region. e the administrative costs per camera sold that camera-makers incur on sales to camera retailers in Europe-Africa are about $8 lower than those incurred on sales to camera retailers in the Asia-Pacific region. e the corporate profits taxes that all companies have to pay to governments in the EuropeAfrica region are 35% lower on average than the corporate profits companies have to pay governments in the Asia-Pacific region. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyrtght © 2018 by Glo-Bus Software, Inc. <Previous l&Hifi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 16 Next > As explained in the Help section for the Workforce Compensation, Training, and Product Assembly decision screen, if (1) a company pays a drone PAT member an annual base wage of $24,000, an S800 year-end bonus for perfect attendance, and provides a company-paid annual fringe benefits package worth $3,200, (2) a PAT is paid a $4 assembly quality incentive per UAV drone assembled that is equally divided among 4 PAT members, and (3) a 4-person drone PAT assembles 1500 drones per year, then e the annual total compensation cost of a fully-staffed PAT would be $136,000 and the total compensation cost per drone assembled would be $90.67. e the annual total compensation cost of a fully-staffed PAT would be $96,000 and the total compensation cost per drone assembled would be $64.00 e the annual total compensation cost of a fully-staffed PAT would be $1 12,000 and the total compensation cost per drone assembled would be $74.67. @ the annual total compensation cost of a fully-staffed drone PAT would be $118,000 and the total compensation cost per drone assembled would be $78.67. e the annual total compensation cost of a fully-staffed PAT would be $106,000 and the total compensation cost per drone assembled would be $70.67. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright © 2018 by Glo·Bus Software, Jnc <Previous ,,..w, Next > @20 Privf.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 17 Next > Given the following Income Statement for Year 9 and given that the formula for calculating a company's interest coverage ratio is described in the Help section for p 5 of the Camera & Orone Journal: Income Statement Data Total Revenues Cost of Goods Sold Delivery Costs Marketing Costs Administrative Expenses Operating Profit (Loss) Other Income (Expense) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Year9 (in OOOs) $623,000 372,000 39,000 46,000 11,500 154,500 -3,000 -10,300 141,200 42,360 $98,840 Based on the above income statement data and assuming that a company has 20 million shares of common stock outstanding, the company's EPS and interest coverage ratio are O 19.29 and 15.9%. O 17.22 and 24.6%. e 14.91 and 20.2%. O 16.71 and 23.3%. @ 15.00 and 24.8%. Copying, redistributing, orwebsite posting is expressly prohibited and constitutes copyright violation. Copyright© 2018 by Glo-Bus Software, Inc. <Previous l&Hifi Next > ©20 Prive.J GLO·BUS Corporate Le X '( .J GLO·BUS Decisions & X .,;, Simulation Quiz 2 X ~ Subject Outline - 4825 X ~ C I i ~3' I https://www.glo-bus.com/users/quaxr/#/simQuiz/commencing Simulation Quiz 2 <Previous Question 18 Next > Which of the following is NOT an action company co-managers can take to help meet or beat the investor-expected increases in the company's stock price in upcoming years? e Pursuing efforts to increase total operating profits in all four geographic regions -- the resulting growth in operating profits will improve total net profit and help raise the EPS, driving the company's stock price upward e Increasing annual dividend payments to shareholders most every year o Building the company's earnings per share and return on equity; it is widely-known that these are important factors that drive the company's stock price @ Increasing the amount of earnings retained in the business, thereby building a large amount of cash held in the company's retained earnings account on its Balance Sheet e Using a portion of cash flows from operations to repurchase shares of common stock on a regular basis [Show More]

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