Simulation Quiz 1

Unit sales of wearable, miniature action-capture cameras are reliably projected to grow

4.5%-6.5% annually in North America during Years 6-10, slowing to 2.5%-4.5% annually during Years 11-15.

Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones IS true?

In GLO-BUS, there are multiple strategic approaches and sets of competitive efforts/action that, if properly designed and well-executed, are capable of producing competitive success in the global market for cameras/drones, provided they are not overpowered or thwarted by even more potent strategic approaches and competitive actions/efforts that are well-executed by rival companies.

Which two of the following financial measures are among the three factors used to determine a company's credit rating?

Its current ratio and its interest coverage ratio

Which of the following is not one of the benefits of current-year and cumulative expenditures for camera/drone product R&D?

Providing a pipeline of proven ways to produce and market new and improved camera/drone designs and models, thereby enabling the company to outsell rival brands and become the market share leader in all four geographic regions.

The company has its camera and drone assembly facilities in

Taiwan.

Which of the following are components of the compensation package for members of production assembly teams?

The dollar-cost of a PAT member's fringe benefit package, assembly quality incentives ($ per unit assembled divided equally among PAT members), year-end bonus for perfect attendance, and annual base wage

Which of the following statements about your company's assembly operations for cameras and drones is TRUE?

The maximum number of cameras/drones that can be assembled at overtime is 20% of annual PAT productivity (the number of units a camera/drone PAT assembles each year).

1. The factors that affect a company's P/Q rating for UAV drones include

battery life, the caliber of the built-in GPS/Wi-Fi/Bluetooth components, rotor performance and flight controller features/capabilities, number of extra performance features, and body frame construction.

Officials at Global Community Bank, under terms of its long-term banking agreement with the company, have agreed to lend the company additional monies should you elect to use debt to help finance growth and other financial needs; the interest rate that will be charged on such loans is tied to

the company's current credit rating, going rates of interest in world financial markets, and the payback period (1-year, 5-years, 10-years).

The productivity of camera/drone PATs is affected by a variety of factors that include

the size of the year-end bonus for perfect attendance, cumulative expenditures for product R&D, increases or decreases in the number of models being assembled, and the size of the company-paid fringe benefits package for PAT members.