Comp XM Practice Questions And
Answers Graded A+
If your team decides to introduce a new sensor product, when should capacity and automation be
purchased?
One round prior to product release
What is a market segment?
A group of customers with similar purchasing concerns
Age and ___________ are the only two positioning criteria that remain constant from year to year
reliability
Which one of the following is NOT one of the four product characteristics that R&D can set?
quality
The promotion budget affects:
Awareness
If you are marketing to High End customers, which criteria are most important to them in order of
importance?
Positioning, Age, MTBF, Price
Which financial obligation is best satisfied with Current Debt?
?
Which financial obligation is best satisfied with Bond Issues?
Paying for increased production capacity
The exact outcome of TQM efforts appear on the TQM Report, and as bar charts on the TQM
spreadsheet. These results are for
cumulative for the previous and all remaining rounds (assuming no additional investment is made)
Increasing Training Hours in the HR Module tends to
increase productivity
What is the minimum amount of time that it takes to invent a new sensor?
1 year at least
The Finance Department can use which of the following methods to acquire capital for company
activities?
Current Debt, Stock Issues, Bond Issues and Profits
How can production lines double their capacity?
Add a second shift
Answers Graded A+
If your team decides to introduce a new sensor product, when should capacity and automation be
purchased?
One round prior to product release
What is a market segment?
A group of customers with similar purchasing concerns
Age and ___________ are the only two positioning criteria that remain constant from year to year
reliability
Which one of the following is NOT one of the four product characteristics that R&D can set?
quality
The promotion budget affects:
Awareness
If you are marketing to High End customers, which criteria are most important to them in order of
importance?
Positioning, Age, MTBF, Price
Which financial obligation is best satisfied with Current Debt?
?
Which financial obligation is best satisfied with Bond Issues?
Paying for increased production capacity
The exact outcome of TQM efforts appear on the TQM Report, and as bar charts on the TQM
spreadsheet. These results are for
cumulative for the previous and all remaining rounds (assuming no additional investment is made)
Increasing Training Hours in the HR Module tends to
increase productivity
What is the minimum amount of time that it takes to invent a new sensor?
1 year at least
The Finance Department can use which of the following methods to acquire capital for company
activities?
Current Debt, Stock Issues, Bond Issues and Profits
How can production lines double their capacity?
Add a second shift
