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The factors that affect a company's P/Q rating for UAV drones include Which of the following ARE components of the compensation package for members of production assembly teams? The factors that affect the productivity of both camera PATs and drone PATs include The company's present assembly plant has sufficient space for A camera-maker's price competitiveness in a particular geographic region is determined by The interest rate a company pays on loans outstanding depends on Which the following are not factors in determining a company's credit rating? Consumer purchases of digital cameras are seasonal with up to 150 workstations, without expanding the size of the plant. whether its price is above or below the average price of all companies competing in that geographic region. its credit rating. The size of the company's year-end cash balance, the average of its ROE for the past three years, and how many times the company has been put on credit watch. about 20% of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40% in quarter 4. The factors that affect a company's P/Q rating include: The company maintains a production facility in The decisions that company co- manages make each year are organized around The options that a company has for assembling enough cameras to meet peak-quarter order form retailers include The factors that affect the productivity of PATs include the caliber of core components; company's cumulative spending for new product R&D, engineering and design; the number of models; camera body ergonomics/durability; and the number of special utility features. Taiwan. marketing, product design, assembly/shipping, compensation and labor force, and finance. hiring "temporary" PATs, the use of overtime, and outsourcing assembly to contact assemblers. the size of incentive bonuses to workers, base pay increases, perfect attendance bonuses, the size of the fringe benefits package, how favorably the overall size of a GLO-BUS Quiz | compensation package, expenditures for PAT training and productivity improvement, and changes in the number of models. The market for digital cameras is projected to grow Which of the following is not an accurate description of the market for digital cameras? Which of the following are not measures on which a company's performance is judged/scored? company's compensation package compares with the industry-average at 8-10% annually during the year 6- year 10 period and at 4-6% during the year 11-year 15 period. Retailers get their cameras from camera-makers on a just-in-time delivery basis. P/Q rating, dividend payments, revenues, market share, and total number of cameras sold, and balance sheet strength. of a company's brand of multi- featured cameras? Assume a company's Income Statement for a given quarter is as fol- GLO-BUS Quiz | lows: Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs (8,500), Administrative Expenses (2,000), Operating Profit (14,400), Net Interest (750), Income Before Taxes (13,650), Taxes (4,095), Net Income (9,555). Based on the above data, which of the following statements is false? One of the benefits of pursuing a strategy of social responsibility and corporate citizenship is Delivery costs are 2.8% of revenues and represent the company's smallest cost component. an enhanced image rating, provided company spending for socially responsible activities is meaningful Which of the following is NOT an action company co-managers can take to boost a sub-par ROE? Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS? The industry-low, industry-average, and industry-high benchmarks for and is sustained over a multi-year period. Issue additional shares of stock and use the proceeds to pay down the debt outstanding on the company's line of credit. Achieve a differentiation-based competitive advantage over rivals in both the entry-level and multi- featured camera segments that company managers are savvy enough to sustain; as the market demand for digital cameras grows worldwide and the company exploits its competitive advantage to win additional sales, the profit margins from a growing sales volume of entry-level and multi-featured digital cameras typically results in increase in EPS. Are worth careful scrutiny by the managers of all companies because following entries: Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs (8,500), Administrative Expenses (3,000), Operating Profit (13,400), Net Interest (750), Income Before Taxes (12,650), Taxes (3,795), Net Income (8,855). Based on the above income statement data, the company's operating profit margin and net profit margin are Which of the following sets of actions are unlikely to help a company achieve a differentiation-based competitive advantage over some/many of its rivals that are marketing entry-level cameras? Actions to raise the base pay of PAT members by 10% or more each year, charging prices for entry-level cameras that are $5 or more above any other company in that industry in all four geographic regions, and spending more on new product R&D per entry-level camera that is the highest in the industry (as reported on p. 5 of each issue of the GLO- BUS Statistical Review.) Which one of the following actions does NOT result in higher levels of PAT labor productivity in assembling cameras? Which of the following actions does not help make a company's brand of multi-featured cameras more competi GLO-BUS Quiz 1 tive and attractive to buyers vis-a-vis the brands of rival firms? Which of the following is an action company co-managers should seriously consider in trying to improve the company's credit rating? You may wish to consult the discussion of the credit rating that appears on the Help screen for the Comparative Financial Performance Avoiding contracting the assembly of cameras to outside suppliers/contractors. Increasing total compensation of PAT members to boost their productivity in assembling multi- featured cameras. Issue additional shares of stock and use the proceeds to pay down the loans on the company's line of credit. presented on p.7 of the GLO-BUS Statistical Review.) . . When the market for high-end multi- In which one of the following ; : oo . —_ featured cameras is crowded with situations/circumstances is it most : . companies using more or less reasonable for a company to : _ : . i . copycat differentiation strategies to consider shifting away from pursuit of . , try to out-compete one another, thus a strategy to strongly differentiate its Co . making it difficult for any of these multi-featured cameras from the ; ; , . companies to earn attractively high multi-featured camera brands ; profits. GLO-BUS Quiz | of rival companies and sell them at a premium price? According to explanations provided on the Help screens for the Production Cost Report, if a company pays a PAT member a $23,740 and $94,960. base wage of $18,000, a $60 quarterly bonus for perfect attendance, and annual fringe benefits of $2,500, if a PAT is paid a $1 incentive bonus per camera assembled, and if a PAT assembles 12,000 cameras per year (or 3000 cameras per quarter), than the annual compensation cost of a single PAT member and a fully-staffed PAT would be If a company earns net income of $40 million in Year 8, has 10 million shares of stock, pays a dividend of $1,50 per share, and has annual interest costs of $15 million, then Which one of the following is an attractive and effective way to reduce the production costs of multi-featured cameras and help put the company in better position to achieve a low- cost competitive advantage over rival companies based on lower production and marketing costs per multi-featured camera sold? the company's EPS for Year 8 would be $4.00 and its retaining earnings for Year 8 would be $25 million (net income of $40 million less dividend payments of $15 million). Striving to keep the labor costs per camera assembled in-house to amounts that are well below the industry-average benchmark (as reported on p. 5 of each issue of the Glo-BUS Statistical Review). top-performing companies in the upcoming decision round are A company's managers should give serious consideration to changing from a low-cost/low price strategy for multi-featured cameras to a different strategy in the multi-featured camera market when so many other rival companies are marketing low-priced multi-featured cameras that intensive competition in the low-end multi-featured camera segment makes it quite difficult for every company competing for buyers of low-priced multi-featured cameras to capture big enough revenues and global market share to earn attractively large profits selling low- priced multi-featured cameras.