UPDATE 2023
Eliminate tariffs on LA Correct Answer: Build a plant in LA and expand as
needed
Striving for low labor costs Correct Answer: Labor costs per pairs produced to the
industry low for employee compensation and pairs produced
Industry low, average, and high cost benchmarks Correct Answer: Are worth
scrutiny because they tell what degree benchmarks cost for the benchmark cost
categories and are competitive with rival companies
NOT a good indication your companies costs are too high Correct Answer:
operating profits in all four regions are below industry high values
Most essential results Correct Answer: Market Snapshot-prices, SQ rating, models
available etc etc
NOT for private label footwear Correct Answer: Proportion of marketing expenses
where private label are sold
When branding footwear from brands of rivals DONOT Correct Answer: Achieve
a lower reject rate per pairs of shoes than almost all other rivals
If co adds new plant capacity of 30 Mill then annual depreciation cost will rise by
Correct Answer: 5 % or 1,500,000
Benchmarking cost data Correct Answer: provide evidence to the degree of which
various costs at plants are competitive to rival companies
Social responsibility and Corporate Leadership Correct Answer: Positive impact
on image rating and social responsibility
Boost stock price? Correct Answer: Increase earnings per share each yr, raise
companys dividend each yr, and repurchase shares of common stock