WGU D366 STUDY QUESTIONS SECTION 1 QUESTIONS
WITH ACCURATE ANSWERS
A chain retail store's products are also offered at many other retail stores but at
higher prices.
Which competitive strategy is this store implementing? correct answer Low-cost
leadership strategy
A coffee company is determining how it will likely use its financial flexibility to
balance the balance sheet for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 6
A coffee company is estimating its cost of goods sold for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 2
A coffee company is estimating its sales revenues for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 1
Step 1 of the forecasting process involves projecting revenues from selling
products and delivering services to customers.
A coffee company is estimating the amount of operating assets that will be
required for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 3
, A coffee company is estimating the financial liabilities, financial assets, and
common equity capital that it will need to finance its net operating assets for the
upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 4
A coffee company is estimating the gain that will result from selling one of its
stores in the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 5
A coffee company offers high-quality products that may be customized to each
customer's taste, excellent customer service, and an inviting atmosphere.
Which competitive strategy is this company implementing? correct answer
Product differentiation strategy
A firm has a Selling and Administrative Expense Index (SAI) of 1.8.
What does this ratio indicate? Choose two answers. correct answer The firm
expensed rather than capitalized various costs.
There was an Increase in marketing costs that will lead to increased future sales.
A firm is trying to determine if its customers are highly price-sensitive or relatively
insensitive.
Which of the economic framework attributes would apply to this analysis? correct
answer Demand
The demand attribute involves asking questions such as:
Are customers highly price-sensitive, as in the case of automobiles, or are they
relatively insensitive, as in the case of soft drinks?
WITH ACCURATE ANSWERS
A chain retail store's products are also offered at many other retail stores but at
higher prices.
Which competitive strategy is this store implementing? correct answer Low-cost
leadership strategy
A coffee company is determining how it will likely use its financial flexibility to
balance the balance sheet for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 6
A coffee company is estimating its cost of goods sold for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 2
A coffee company is estimating its sales revenues for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 1
Step 1 of the forecasting process involves projecting revenues from selling
products and delivering services to customers.
A coffee company is estimating the amount of operating assets that will be
required for the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 3
, A coffee company is estimating the financial liabilities, financial assets, and
common equity capital that it will need to finance its net operating assets for the
upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 4
A coffee company is estimating the gain that will result from selling one of its
stores in the upcoming quarter.
Which step of the forecasting process is the company in? correct answer Step 5
A coffee company offers high-quality products that may be customized to each
customer's taste, excellent customer service, and an inviting atmosphere.
Which competitive strategy is this company implementing? correct answer
Product differentiation strategy
A firm has a Selling and Administrative Expense Index (SAI) of 1.8.
What does this ratio indicate? Choose two answers. correct answer The firm
expensed rather than capitalized various costs.
There was an Increase in marketing costs that will lead to increased future sales.
A firm is trying to determine if its customers are highly price-sensitive or relatively
insensitive.
Which of the economic framework attributes would apply to this analysis? correct
answer Demand
The demand attribute involves asking questions such as:
Are customers highly price-sensitive, as in the case of automobiles, or are they
relatively insensitive, as in the case of soft drinks?
