Comp XM Practice Quiz
If your team decides to introduce a new sensor product, when should capacity and
automation be purchased? - ANS-One round prior to product release
What is a market segment? - ANS-A group of customers with similar purchasing
concerns
Age and ___________ are the only two positioning criteria that remain constant from
year to year - ANS-reliability
Which one of the following is NOT one of the four product characteristics that R&D can
set? - ANS-quality
The promotion budget affects: - ANS-Awareness
If you are marketing to High End customers, which criteria are most important to them in
order of importance? - ANS-Positioning, Age, MTBF, Price
Which financial obligation is best satisfied with Current Debt? - ANS-?
Which financial obligation is best satisfied with Bond Issues? - ANS-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 - ANS-cumulative for the previous and all
remaining rounds (assuming no additional investment is made)
Increasing Training Hours in the HR Module tends to - ANS-increase productivity
What is the minimum amount of time that it takes to invent a new sensor? - ANS-1 year
at least
The Finance Department can use which of the following methods to acquire capital for
company activities? - ANS-Current Debt, Stock Issues, Bond Issues and Profits
How can production lines double their capacity? - ANS-Add a second shift
How much do segment prices fall each year? - ANS-$0.50
If your team decides to introduce a new sensor product, when should capacity and
automation be purchased? - ANS-One round prior to product release
What is a market segment? - ANS-A group of customers with similar purchasing
concerns
Age and ___________ are the only two positioning criteria that remain constant from
year to year - ANS-reliability
Which one of the following is NOT one of the four product characteristics that R&D can
set? - ANS-quality
The promotion budget affects: - ANS-Awareness
If you are marketing to High End customers, which criteria are most important to them in
order of importance? - ANS-Positioning, Age, MTBF, Price
Which financial obligation is best satisfied with Current Debt? - ANS-?
Which financial obligation is best satisfied with Bond Issues? - ANS-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 - ANS-cumulative for the previous and all
remaining rounds (assuming no additional investment is made)
Increasing Training Hours in the HR Module tends to - ANS-increase productivity
What is the minimum amount of time that it takes to invent a new sensor? - ANS-1 year
at least
The Finance Department can use which of the following methods to acquire capital for
company activities? - ANS-Current Debt, Stock Issues, Bond Issues and Profits
How can production lines double their capacity? - ANS-Add a second shift
How much do segment prices fall each year? - ANS-$0.50
