GLO-BUS Quiz 1
The projected growth of unit sales of unmanned aerial view (UAV) drones is 9%-11% worldwide in Years 8-9 and 5%-7% in Latin America in Years 14-15. 7%-9% in Europe Africa and 14%-16% in the Asia-Pacific in Years 10-11. 16%-18% per year in the Asia-Pacific region in Years 6-7, declining several percent each successive 2-year period to 4%-6% in Years 14-15. 15.5%-17.5% worldwide in Years 6-7, declining several percent each successive 2-year period to 3.75%-5.75% worldwide in Years 14-15. 6%-8% worldwide in Years 10-11 but a substantially higher 12%-14% in the Asia-Pacific and Latin America in Years 10-11.
15.5%-17.5% worldwide in Years 6-7, declining several percent each successive 2-year period to 3.75%-5.75% worldwide in Years 14-15.
Which of the following are components of the compensation package for members of production assembly teams? Percentage increases in the annual base wage, the dollar-cost of a PAT member's fringe benefit package, assembly quality incentives ($ per unit assembled divided equally among PAT members), and year-end bonus for perfect attendance. Annual base wage, teamwork bonuses or $5 per camera or $10 per drone if the PAT meets or exceeds its monthly assembly quota, the cost of a PAT member's fringe benefits package, and a weekly allowance for living expenses Annual base wage, assembly quality (P/Q rating of units assembled), a year-end bonus for perfect attendance , and the cost of a PAT member's fringe benefits package Daily wages (can be different for camera PATs and drone PATs), the cost of a PAT member's fringe benefits package, a piecework incentive of $5 per camera/ $10 per drone assembled, and a year-end bonus for perfect attendance Weekly base salary, a year-end bonus for perfect attendance, the cost of a PAT member's fringe benefits package, overtime pay guarantees, and monthly bonuses for meeting or beating a PATs monthly assembly quotas
Annual base wage, assembly quality (P/Q rating of units assembled), a year-end bonus for perfect attendance , and the cost of a PAT member's fringe benefits package
Which of the following statements does not accurately describe how your company's performance is scored on the Best-in-Industry Standard? If EPS is given an instructor-assigned weight of 20 points, a company with an industry-leading EPS performance of $5.00 (that is above the investor-expected EPS of $3.70) gets a score of 20 points and a company with an EPS of $3.00 (which is 60% as good as the leader's $5.00) gets a score of 12 points (60% of 20 points). In order to receive a score of 100, a company must be the best-in-industry performer on EPS, stock price, global market share, and P/Q ratings and have at least an A credit rating. In order to receive a score of 100, a company must (1) be the best-in-industry performer on EPS, ROE, stock price, and image rating, (2) achieve or beat the investor-expected targets for EPS, ROE, stock price, and image rating set by the company's Board of Directors, and (3) have an A+ credit rating. After each decision round, your company will receive an annual best-in-industry score and a best-in-industry score for all years completed. The Best-in-Industry scoring standard is based on how your company's performance compares (1) to the industry's best performer on earnings per share, return on equity (ROE), stock price , and image rating and (2) to the ultimate credit rating of A+.
In order to receive a score of 100, a company must be the best-in-industry performer on EPS, stock price, global market share, and P/Q ratings and have at least an A credit rating.
Which of the following is not among the five measures on which a company's performance is judged/scored?
Percentage return on total capital employed (where total capital employed = total stockholders' equity + long-term debt)
Which of the following is not one of the benefits of current-year and cumulative expenditures for camera/drone product R&D? Reducing the need to spend money either on search engine advertising for drones or on having sales promotions for action cameras. Boosting a company's P/Q ratings (the size of this benefit varies with the current and cumulative amounts spent and shows up in the P/Q ratings at the beginning of the following year) Lowering the costs of components, accessories, and enhancement features used in assembling cameras/drones Increasing the productivity of PATs in assembling camera/drone models (because of easier to assemble product designs)â€"productivity gains occur as soon as current and cumulative R&D spending reach levels sufficient to identify and develop easier to assemble product designs Reducing warranty claims and warranty costs (these two benefits show up at the beginning of the following year) Copy
Reducing the need to spend money either on search engine advertising for drones or on having sales promotions for action cameras.
The company has its camera and drone assembly facilities in
Taiwan.
Which of the following does not have a bearing in determining a company's action camera sales and market share in a particular geographic region? The company's brand image/reputation relative to the brand/reputation of rival companies The number of retailers stocking and merchandising the company's brand of cameras in the region Whether the company's brand image/reputation in the region is above/below the all-company average brand image/reputation in the region The length of the warranty period for the company's camera models in the region Whether the number of extra performance features a company has incorporated into its action cameras being sold in a region is above/below the regional average number of extra performance features
The length of the warranty period for the company's camera models in the region
Which of the following is not accurate as concerns the retailers and buyers of action-capture cameras? The buyers of action cameras in North America and the Asia-Pacific region are less sensitive to cross-brand price differences than are camera buyers in Latin America and Europe-Africa. Retailers typically carry anywhere from 2-4 brands of action-capture cameras and stock only certain models of the brands they do carry, but in all four geographic markets there are around 20 "full-line" action camera retailers that stock most all brands and models. (That is accurate) Retail markups over the wholesale prices run 50% to 100%; thus, the models of a company with 3-star-rated action-capture cameras wholesaling for an average of $150 could retail for an average of $225-$300. (That is accurate) Multi-store chains account for the biggest percentage of action-capture camera sales, with online retailers second and small local retailers third. (That is accurate) It is easy for most potential buyers of action cameras to do considerable comparison shopping before making a decision about which camera brand to buy; as a consequence, they tend to be quite aware of the prices and P/Q ratings of different brands and the fact that retailers have periodic weekly sales promotions that feature sizable discounts off the regular retail price. (That is accurate)
The buyers of action cameras in North America and the Asia-Pacific region are less sensitive to cross-brand price differences than are camera buyers in Latin America and Europe-Africa.
Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones is true?
There is no built-in bias that favors any one strategy or approach to competing over all the others.
At the end of Year 5, the productivity of PATs
assembling action cameras was 3,000 units annually, and the productivity of PATs assembling UAV drones was 1,500 units annually.
The factors that affect the P/Q rating of a company's action cameras include the size of assembly quality incentives it pays to camera PAT members, warranty claim rates, the age of camera assembly workstations, and the percentage of the assembly process that is performed via robotics. image sensor size, the size of the LCD display screen, the image quality of the videos and still pictures, the number of photo modes for videos and still pictures, and the amount a company spends annually on training for each of its camera-related PATs and improving its camera-related assembly methods (since such spending can affect defects encountered and the need for repairs). cumulative spending for product R&D, the amount the company spends on supervising its camera-related PATs, annual spending for improving the camera assembly process, the camera housing, and editing/sharing capabilities. the quality ratings of the materials and components used in its action-capture cameras, warranty claim rates, the percentage of the assembly process that is performed via robotics, and the ratio of the number of supervisors to the total number of camera-related PATs employed. the percentage of the action cameras sold that are outsourced from outside contract assemblers with operations within 50 miles of the company's camera assembly facility, the length of camera warranties (number of days), whether PATs have 3, 4, or 5 members, the percentage of the assembly process that is performed via robotics, image sensor size, the size of the LCD display screen, and camera housing.
image sensor size, the size of the LCD display screen, the image quality of the videos and still pictures, the number of photo modes for videos and still pictures, and the amount a company spends annually on training for each of its camera-related PATs and improving its camera-related assembly methods (since such spending can affect defects encountered and the need for repairs).
The factors that affect a company's P/Q rating for UAV drones include rotor performance and flight controller features/capabilities, the number of drone models a company offers, the caliber of the obstacle sensors, and the quality of the camera stabilization device. the image sensors of the built-in camera, the professional quality of the action videos, the length of the warranty period, the number of extra performance features, and the total annual compensation paid to members of drone PATs. whether all drone models are equipped with state-of-the art rotor technology, the average length of the warranty offered across all four geographic regions, the total number of prior-year warranty claims worldwide, and the amount a drone manufacturer spends on providing free training to buyers of its drones. whether the company's worldwide average price for drones sold at the company's website is above/below the global industry average, the amount of prior experience in assembling products the company requires of candidates applying for vacancies on drone PATs, the caliber of the built-in action-capture camera, prior-year worldwide warranty claim costs, and the hourly wage rate paid to drone PAT members. the warranty claim rate, the number of rotors, the size of the assembly quality incentives paid to drone PAT members, the caliber of the obstacle sensors, and the annual amount spent on testing each drone prone to being sold and shipped to a buyer.
rotor performance and flight controller features/capabilities, the number of drone models a company offers, the caliber of the obstacle sensors, and the quality of the camera stabilization device.
The Global Community Bank, under terms of its long-term banking agreement with the company, has agreed to lend the company additional monies should you elect to use debt to help finance growth and other financial needs; the interest rate the GCB will charge on such loans is tied to the payback period (1-year, 5-years, 10-years) and to the company's debt-assets ratio and gross profit margin. the company's current credit rating and its earnings per share for the most recent two years. the company's net profit margin, current ratio, and current credit rating. the going rates of interest in world financial markets and the company's current credit rating. the company's balance sheet strength, dividend payout ratio, most recent year earnings per share.
the company's current credit rating and its earnings per share for the most recent two years.
A camera-maker's price competitiveness in a particular geographic region is determined by how favorably the average wholesale price it is charging camera retailers for its models compares to the lowest average wholesale price being charged by a rival camera-maker in that same geographic region. whether the average wholesale price for its camera models is within 10% of the lowest-priced camera brand in the region; a company becomes progressively less price competitive the greater its average wholesale price is more than 10% above the camera brand with the lowest average wholesale price. whether its average wholesale price to camera retailers in the region is above or below the regional average average price--companies whose average wholesale price is below the regional average are deemed to be price competitive while those with above-average wholesale prices are considered to have prices that are not competitive. whether its average wholesale price is at least $50 below the average wholesale price of the highest-priced camera brand in the region; all companies with average wholesale prices $50 or more below the price of the highest-priced company are considered to be price competitive. All other companies are considered to be charging average wholesale prices that are NOT competitive. whether the average wholesale price it is charging camera retailers for its models is at least 10% below the highest-priced camera brand in the region; all companies whose average wholesale price is more than 10% below the highest-priced camera brand in the region are considered to be price competitive.
whether its average wholesale price to camera retailers in the region is above or below the regional average average price--companies whose average wholesale price is below the regional average are deemed to be price competitive while those with above-average wholesale prices are considered to have prices that are not competitive.
