GLO-BUS Quiz 1 Graded A+(2023 REAL
QUIZ)
A camera-maker's price competitiveness in a particular geographic region is determined
by - Correct Answer whether its price is above or below the average price of all
companies competing in that geographic region.
A company's managers should give serious consideration to changing from a
low-cost/low price strategy for multi-featured cameras to a different strategy in the multi-
featured camera market when - Correct Answer so many other rival companies are
marketing low-priced multi-featured cameras that intensive competition in the low-end
multi-featured camera segment makes it quite difficult for every company competing for
buyers of low-priced multi-featured cameras to capture big enough revenues and global
market share to earn attractively large profits selling low-priced multi-featured cameras.
According to explanations provided on the Help screens for the Production Cost Report,
if a company pays a PAT member a base wage of $18,000, a $60 quarterly bonus for
perfect attendance, and annual fringe benefits of $2,500, if a PAT is paid a $1 incentive
bonus per camera assembled, and if a PAT assembles 12,000 cameras per year (or
3000 cameras per quarter), than the annual compensation cost of a single PAT member
and a fully-staffed PAT would be - Correct Answer $23,740 and $94,960.
According to the depreciation rates used by the company and described in the
Production Cost Report, if a company adds 50 new workstations at a cost of $75,000
each and also spends $10 million for an addition to its assembly plant to accommodate
the new workstations, than its annual depreciation costs will rise by - Correct Answer
$550,000.
Assume a company's Income Statement for a given period has the following entries:
Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing
Costs (8,500), Administrative Expenses (3,000), Operating Profit (13,400), Net Interest
(750), Income Before Taxes (12,650), Taxes (3,795), Net Income (8,855). Based on the
above income statement data, the company's operating profit margin and net profit
margin are - Correct Answer 26.8% and 17.7%.
Assume a company's Income Statement for a given quarter is as follows: Sales
Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs
(8,500), Administrative Expenses (2,000), Operating Profit (14,400), Net Interest (750),
Income Before Taxes (13,650), Taxes (4,095), Net Income (9,555). Based on the above
data, which of the following statements is false? - Correct Answer Delivery costs are
2.8% of revenues and represent the company's smallest cost component.
, Consumer purchases of digital cameras are seasonal with - Correct Answer about 20%
of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40%
in quarter 4.
Given the following Financial Statement Data:
Sales Revenues (50,000), Operating Profit (14,400), Net Income (9,555), Total Current
Assets (70,000), Total Assets (159,000), Total Current Liabilities (26,000), L-T Debt
(43,000), Total Equity (91,400), Depreciation (4,000), Dividend Payments (2,250).
Based on the above figures, the company's capital structure (defined as the sum of total
debt outstanding and total stockholder's equity) consists of what percentages of debt
and equity? (The percentages of total capital invested that are debt-financed and equity-
financed are among the factors used to determine a company's credit rating, as
explained in the Help section for the Comparative Financial Performances presented on
p.7 of the GLO-BUS Statistical Review.) - Correct Answer 32% debt and 685 equity or
32:68.
If a company earns net income of $40 million in Year 8, has 10 million shares of stock,
pays a dividend of $1,50 per share, and has annual interest costs of $15 million, then -
Correct Answer the company's EPS for Year 8 would be $4.00 and its retaining
earnings for Year 8 would be $25 million (net income of $40 million less dividend
payments of $15 million).
If a company is being out-competed by various rival companies in the Europe-Africa
market for multi-featured cameras and consequently has an unappealing low sales
volume and market share in Europe-Africa, then company managers should - Correct
Answer explore correcting most or all of the company's competitive weaknesses (shown
at the bottom of the latest Competitive Intelligence Report for the Europe-Africa region);
in addition, managers should initiate actions that they believe will result in the company
having at least two important competitive strengths vis-a-vis its Europe-Africa rivals in
the upcoming decision round.
In which one of the following situations/circumstances is it most reasonable for a
company to consider shifting away from pursuit of a strategy to strongly differentiate its
multi-featured cameras from the multi-featured camera brands of rival companies and
sell them at a premium price? - Correct Answer When the market for high-end multi-
featured cameras is crowded with companies using more or less copycat differentiation
strategies to try to out-compete one another, thus making it difficult for any of these
companies to earn attractively high profits.
One of the benefits of pursuing a strategy of social responsibility and corporate
citizenship is - Correct Answer an enhanced image rating, provided company spending
for socially responsible activities is meaningful and is sustained over a multi-year period.
The company maintains a production facility in - Correct Answer Taiwan.
QUIZ)
A camera-maker's price competitiveness in a particular geographic region is determined
by - Correct Answer whether its price is above or below the average price of all
companies competing in that geographic region.
A company's managers should give serious consideration to changing from a
low-cost/low price strategy for multi-featured cameras to a different strategy in the multi-
featured camera market when - Correct Answer so many other rival companies are
marketing low-priced multi-featured cameras that intensive competition in the low-end
multi-featured camera segment makes it quite difficult for every company competing for
buyers of low-priced multi-featured cameras to capture big enough revenues and global
market share to earn attractively large profits selling low-priced multi-featured cameras.
According to explanations provided on the Help screens for the Production Cost Report,
if a company pays a PAT member a base wage of $18,000, a $60 quarterly bonus for
perfect attendance, and annual fringe benefits of $2,500, if a PAT is paid a $1 incentive
bonus per camera assembled, and if a PAT assembles 12,000 cameras per year (or
3000 cameras per quarter), than the annual compensation cost of a single PAT member
and a fully-staffed PAT would be - Correct Answer $23,740 and $94,960.
According to the depreciation rates used by the company and described in the
Production Cost Report, if a company adds 50 new workstations at a cost of $75,000
each and also spends $10 million for an addition to its assembly plant to accommodate
the new workstations, than its annual depreciation costs will rise by - Correct Answer
$550,000.
Assume a company's Income Statement for a given period has the following entries:
Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing
Costs (8,500), Administrative Expenses (3,000), Operating Profit (13,400), Net Interest
(750), Income Before Taxes (12,650), Taxes (3,795), Net Income (8,855). Based on the
above income statement data, the company's operating profit margin and net profit
margin are - Correct Answer 26.8% and 17.7%.
Assume a company's Income Statement for a given quarter is as follows: Sales
Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs
(8,500), Administrative Expenses (2,000), Operating Profit (14,400), Net Interest (750),
Income Before Taxes (13,650), Taxes (4,095), Net Income (9,555). Based on the above
data, which of the following statements is false? - Correct Answer Delivery costs are
2.8% of revenues and represent the company's smallest cost component.
, Consumer purchases of digital cameras are seasonal with - Correct Answer about 20%
of consumer demand coming in quarter 1, 20% in quarter 2, 20% in quarter 3 and 40%
in quarter 4.
Given the following Financial Statement Data:
Sales Revenues (50,000), Operating Profit (14,400), Net Income (9,555), Total Current
Assets (70,000), Total Assets (159,000), Total Current Liabilities (26,000), L-T Debt
(43,000), Total Equity (91,400), Depreciation (4,000), Dividend Payments (2,250).
Based on the above figures, the company's capital structure (defined as the sum of total
debt outstanding and total stockholder's equity) consists of what percentages of debt
and equity? (The percentages of total capital invested that are debt-financed and equity-
financed are among the factors used to determine a company's credit rating, as
explained in the Help section for the Comparative Financial Performances presented on
p.7 of the GLO-BUS Statistical Review.) - Correct Answer 32% debt and 685 equity or
32:68.
If a company earns net income of $40 million in Year 8, has 10 million shares of stock,
pays a dividend of $1,50 per share, and has annual interest costs of $15 million, then -
Correct Answer the company's EPS for Year 8 would be $4.00 and its retaining
earnings for Year 8 would be $25 million (net income of $40 million less dividend
payments of $15 million).
If a company is being out-competed by various rival companies in the Europe-Africa
market for multi-featured cameras and consequently has an unappealing low sales
volume and market share in Europe-Africa, then company managers should - Correct
Answer explore correcting most or all of the company's competitive weaknesses (shown
at the bottom of the latest Competitive Intelligence Report for the Europe-Africa region);
in addition, managers should initiate actions that they believe will result in the company
having at least two important competitive strengths vis-a-vis its Europe-Africa rivals in
the upcoming decision round.
In which one of the following situations/circumstances is it most reasonable for a
company to consider shifting away from pursuit of a strategy to strongly differentiate its
multi-featured cameras from the multi-featured camera brands of rival companies and
sell them at a premium price? - Correct Answer When the market for high-end multi-
featured cameras is crowded with companies using more or less copycat differentiation
strategies to try to out-compete one another, thus making it difficult for any of these
companies to earn attractively high profits.
One of the benefits of pursuing a strategy of social responsibility and corporate
citizenship is - Correct Answer an enhanced image rating, provided company spending
for socially responsible activities is meaningful and is sustained over a multi-year period.
The company maintains a production facility in - Correct Answer Taiwan.
