GLO-BUS Exam 1 Questions and and
answers –All correct.
The factors that affect a company's P/Q rating for UAV drones include - -the assembly
quality incentives paid to drone PAT members, the company's prior-year brand
reputation, and the prior year worldwide average warranty claim rate on the company's
drones.
-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
-The factors that affect the productivity of both camera PATs and drone PATs include -
-the size of assembly quality incentives paid to camera/drone PATs, how favorably the
overall size of the company's total compensation package (not including overtime pay)
per camera/drone PAT member compares against the camera/drone all-company
averages, and changes in the number of camera/drone models that have to be
assembled.
-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 interest rate a company pays on loans outstanding depends on - -its credit rating.
-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.
-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 the four geographic regions in which the company is selling
its cameras? - -Europe-Africa, Latin America, Asia-Pacific, and North America.
-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.
-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.
-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 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.
-The company maintains a production facility in - -Taiwan.
-The decisions that company co-manages make each year are organized around - -
marketing, product design, assembly/shipping, compensation and labor force, and
finance.
-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.
-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.
-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.
-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.
-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 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 $25 fee for each camera assembled.
answers –All correct.
The factors that affect a company's P/Q rating for UAV drones include - -the assembly
quality incentives paid to drone PAT members, the company's prior-year brand
reputation, and the prior year worldwide average warranty claim rate on the company's
drones.
-Which of the following ARE components of the compensation package for members of
production assembly teams? - -The dollar-cost of a PAT member's fringe benefit
package, assembly quality incentives ($ per unit assembled divided equally among PAT
members), year-end bonus for perfect attendance, and annual base wage
-The factors that affect the productivity of both camera PATs and drone PATs include -
-the size of assembly quality incentives paid to camera/drone PATs, how favorably the
overall size of the company's total compensation package (not including overtime pay)
per camera/drone PAT member compares against the camera/drone all-company
averages, and changes in the number of camera/drone models that have to be
assembled.
-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 interest rate a company pays on loans outstanding depends on - -its credit rating.
-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.
-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 the four geographic regions in which the company is selling
its cameras? - -Europe-Africa, Latin America, Asia-Pacific, and North America.
-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.
-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.
-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 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.
-The company maintains a production facility in - -Taiwan.
-The decisions that company co-manages make each year are organized around - -
marketing, product design, assembly/shipping, compensation and labor force, and
finance.
-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.
-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.
-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.
-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.
-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 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.
