Capsim Introductory Quiz--Business Policy (Williamson)

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The Proformas are dynamic financial statements that recalculate based on your decisions. True or False?

True.

Which of these investments is not a function of the Production department? A. Increasing Automation B. Wage Increases C. Creating new production lines

B. Wage Increases.

What is the industry newsletter called?

Capstone Courier.

What are your company's options for raising money? A. Borrowing Long-term debt B. Borrowing Short-term debt C. Issuing Stock D. A and C only E. A, B and C

E. A, B and C (borrowing long-term debt, borrowing short-term debt, and issuing stock).

Prices are established by the:

Marketing Department.

Products are invented and revised by which department?

Research and Development (R&D).


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