Exam (elaborations) GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST COMPLETE SOLUTION New Glo-Bus Quiz 2

Exam (elaborations) GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST COMPLETE SOLUTION New Glo-Bus Quiz 2 1. Which one of the following is NOT a way to improve the P/Q rating of a company's brand of UAV drones? Decreasing the number of models in the company's lineup from 2 to 1 Improving the battery pack to permit more minutes of flying time on a single charge Offering all buyers of the company's UAV drones a full day of flight training at a nearby independentlyoperated drone flight training center for a modest extra $50 charge Increasing the number of rotors Improving the caliber and functionality of the camera stabilization device (so that video quality is not so adversely affected by strong wind conditions) 2. Which one of the following is unlikely to be an attractive and effective way to reduce the design, assembly. marketing, and other costs of UAV drones and help achieve a sizable competitive advantage over rival companies based on lower overall costs per UAV drone sold? Trying out numerous different combinations of design components, performance enhancements, and extra performance features to be used in the company's UAV drones in order to discover the lowest cost combination for achieving a competitively appealing P/Q rating Spending only modest amounts annually for Corporate Social Responsibility and Citizenship initiatives Switching to robotassisted assembly methods to lower labor costs per drone assembled Designing, assembling, and selling UAV drones having a P/Q rating of 0.5 stars Trying to keep the warranty period to 60 days or 90 days (but no more than 120 days), if it is competitively feasible to do so 3. Which one of the following actions is MOST likely to REDUCE the productivity of camera/drone PATs? Failing to have a total annual compensation package for camera/drone PAT members GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST that is at least equal to the prioryear industryaverage compensation level Boosting the annual base wage of camera/drone PAT members by only 2% in any given year Not raising the annual bonus for perfect attendance for a period of 3 years Cutting the number of camera models being assembled from 4 models to 3 models and the number of drone models being assembled from 3 models to 2 models Decreasing the size of the assembly quality incentive for cameras to a maximum of $0.40 and the assembly quality incentive for drones to a maximum of $1.00 4. 11Which of the following is an action that merits serious consideration in trying to improve a company's credit rating? In answering this question, you may wish to consult the Help section for page 5 of the Camera & Drone Journal and read the discussion pertaining to The Credit Rating Measures." Avoid all use of overtime in assembling cameras and drones Do not increase the compensation paid to PAT members (until the desired credit rating is achieved)this will help keep production costs for both cameras and drones from rising Issue additional shares of common stock and use the proceeds to pay off bank loans, thereby immediately improving the company's debtequity percentages Cut the prices the company charges for both cameras and drones in all four geographic regions by at least 10% in order to improve the company's EPS, ROE, and stock price Increase the size of the company's dividend payments to stockholdersthis helps reduce the amount of retained earnings on the company's balance sheet (which in turn helps increase the company's interest coverage ratio) 5. As a general rule, it is important for company managers to be aware of the regions where the company's UAV drone business was most profitable and least profitable in the justcompleted decision round (so they can pursue corrective actions in the underperforming regions in the upcoming decision round); the best information, then the best place(s) to look for this information is page 1 of the Company Operating Report showing "Assembly and Facilities Operations." the top section of page 5 of the Camera & Drone Journal. the benchmarking data for operating profits and operating profit margins on p. 7 of the Camera & Drone Journal and the regionbyregion breakdowns of drone net sales revenues, costs, total operating profits, and operating profit margins displayed on page 3 of the Company Operating Report. on page 3 of the Company Operating Report there are page 4 of the Company Operating Report showing the company's financial statements and selected financial statistics. in the 4page section of the Competitive Intelligence Report that shows the comparative competitive efforts of rival companies for each region. 6. A company's managers should almost always give serious consideration to making significant adjustments in its camera/drone strategies and competitive approaches when the company has been unsuccessful in achieving the investorexpected targets for EPS, ROE, and stock price appreciation in the prior decision round and certainly if it has been unsuccessful for the past two decision rounds. the number of camera and drone workstations the company has installed is NOT well above the industryaverages (as reported on pages 6 and 7 of the most recent Camera & Drone Journal). several rival companies are charging prices below the regional averages in all four regions for cameras and drones with a fourstar or lower P/Q rating. the company's total production/assembly costs for both action cameras and UAV drones are above the industry averages (as reported on pages 6 and 7 of the latest issue of the Camera & Drone Journal).