Glo-bus Quiz 1

Which of the following are the four geographic regions in which the company is selling its cameras?

Europe-Africa, Latin America, Asia-Pacific, and North America.

The options that a company has for assembling enough cameras to meet peak-quarter order form retailers include

Hiring "temporary" PATs, the use of overtime, and outsourcing assembly to contact assemblers.

Consumer purchases of digital cameras are seasonal with

About 20% of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40% in quarter 4.

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

Annual base pay, incentive bonuses, perfect attendance bonuses, and fringe benefits.

The company's shipments of digital cameras to retailers in various foreign countries are subject to

Import duties imposed by the countries to which the cameras are shipped and the effects of fluctuating exchange rates.

The interest rate a company pays on loans outstanding depends on

Its credit rating.

The decisions that company co-manages make each year are organized around

Marketing, product design, assembly/shipping, compensation and labor force, and finance.

Which of the following most accurately describes your company's production/assembly operations?

Most all camera components are sources from outside suppliers having plants or distribution centers near the company's assembly facility; the company uses workstations staffed by 4-person teams to assemble cameras. In the most recent year, the current productivity of the assembly teams was 2,500 cameras per quarter or 10,000 per year. Some cameras are outsourced from contract assemblers that are paid a $25 fee for each camera assembled.

Which of the following are not measures on which a company's performance is judged/scored?

P/Q rating, dividend payments, revenues, market share, and total number of cameras sold, and balance sheet strength.

Which of the following is not an accurate description of the market for digital cameras?

Retailers get their cameras from camera-makers on a just-in-time delivery basis.

The company maintains a production facility in

Taiwan.

The factors that affect a company's P/Q rating 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.

Which of the following statements accurately describes the distribution of the company's unit sales across the four geographic regions in which it sells cameras?

The company sells 40% of its cameras its biggest region and sells only 10% of its cameras in its smallest region.

Which the following are not factors in determining a company's 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.

Which of the following do not have a bearing in determining a company's unit sales and market share of entry-level or multi-featured cameras in a particular geographic region?

The size of the incentive bonus paid to PATs, the percentage of cameras that were outsourced, and warranty claims costs.

Which of the following currencies are involved in affecting the revenues your company receives on camera shipments to retailers in the four geographic regions of the world where it markets cameras?

U.S. dollars, Taiwan dollars, Singapore dollars, euros, and Brazilian real.

The company's present assembly plant has sufficient space for

Up to 150 workstations, without expanding the size of the plant.

A camera-maker's price competitiveness in a particular geographic region is determined by

Whether its price is above or below the average price of all companies competing in that geographic region.

The market for digital cameras is projected to grow

at 8-10% annually during the year 6-year 10 period and at 4-6% during the year 11-year 15 period.

The factors that affect the productivity of PATs include

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 company's compensation package compares with the industry-average compensation package, expenditures for PAT training and productivity improvement, and changes in the number of models.