Details of GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST COMPLETE SOLUTION New Glo-Bus Quiz 2
Quiz 2 - Answers - Part 2
1.
Which one of the following is NOT a
... [Show More] way to improve the P/Q rating of a company's
brand of UAV
drones?
Decreasing the number of models in the company's lineup
from 2 to 1
Improving the battery pack to permit more minutes of flying time on a single charge
Offering all buyers of the company's UAV drones a full day of flight training at a nearby
independentlyoperated
drone flight training center for a modest extra $50 charge
Increasing the number of rotors
Improving the caliber and functionality of the camera stabilization device (so that video
quality
is not so adversely affected by strong wind conditions)
2. Which one of the following is unlikely to be an attractive and effective way to
reduce the design,
assembly. marketing, and other costs of UAV drones and help achieve a sizable
competitive
advantage over rival companies based on lower overall costs per UAV drone
sold?
Trying out numerous different combinations of design components, performance
enhancements, and extra performance features to be used in the company's UAV
drones in
order to discover the lowest cost combination for achieving a competitively appealing
P/Q
rating
Spending only modest amounts annually for Corporate Social Responsibility and
Citizenship
initiatives
Switching to robotassisted
assembly methods to lower labor costs per drone
assembled
Designing, assembling, and selling UAV drones having a P/Q rating of 0.5 stars
Trying to keep the warranty period to 60 days or 90 days (but no more than 120 days), if
it is
competitively feasible to do so
3. Which one of the following actions is MOST likely to REDUCE the productivity
of camera/drone
PATs?
Failing to have a total annual compensation package for camera/drone PAT members
GLOBUS QUIZ 2 QUIZ BANK ANSWERS LATEST
COMPLETE SOLUTION New Glo-Bus Quiz 2
that is
at least equal to the prioryear
industryaverage
compensation level
Boosting the annual base wage of camera/drone PAT members by only 2% in any given
year
Not raising the annual bonus for perfect attendance for a period of 3 years
Cutting the number of camera models being assembled from 4 models to 3 models and
the
number of drone models being assembled from 3 models to 2 models
Decreasing the size of the assembly quality incentive for cameras to a maximum of
$0.40 and the assembly quality incentive for drones to a maximum of $1.00
4. 11Which of the following is an action that merits serious consideration in trying
to improve a
company's credit rating? In answering this question, you may wish to consult the
Help section
for page 5 of the Camera & Drone Journal and read the discussion pertaining to
The Credit
Rating Measures."
Avoid all use of overtime in assembling cameras and drones
Do not increase the compensation paid to PAT members (until the desired credit rating
is
achieved)this
will help keep production costs for both cameras and drones from rising
Issue additional shares of common stock and use the proceeds to pay off bank loans,
thereby immediately improving the company's debtequity
percentages
Cut the prices the company charges for both cameras and drones in all four geographic
regions by at least 10% in order to improve the company's EPS, ROE, and stock price
Increase the size of the company's dividend payments to stockholdersthis
helps
reduce the
amount of retained earnings on the company's balance sheet (which in turn helps
increase
the company's interest coverage ratio)
5. As a general rule, it is important for company managers to be aware of the
regions where the
company's UAV drone business was most profitable and least profitable in the
justcompleted
decision round (so they can pursue corrective actions in the underperforming
regions in the
upcoming decision round); the best information, then the best place(s) to look for
this
information is
page 1 of the Company Operating Report showing "Assembly and Facilities
Operations."
the top section of page 5 of the Camera & Drone Journal.
the benchmarking data for operating profits and operating profit margins on p. 7 of the
Camera & Drone Journal and the regionbyregion
breakdowns of drone net sales
revenues, costs, total operating profits, and operating profit margins displayed on
page 3 of the Company Operating Report. on page 3 of the Company Operating Report
there are
page 4 of the Company Operating Report showing the company's financial statements
and
selected financial statistics.
in the 4page
section of the Competitive Intelligence Report that shows the comparative
competitive efforts of rival companies for each region.
6. A company's managers should almost always give serious consideration to
making significant
adjustments in its camera/drone strategies and competitive approaches when
the company has been unsuccessful in achieving the investorexpected
targets for
EPS, ROE, and stock price appreciation in the prior decision round and certainly if it
has been unsuccessful for the past two decision rounds.
the number of camera and drone workstations the company has installed is NOT well
above
the industryaverages
(as reported on pages 6 and 7 of the most recent Camera &
Drone
Journal).
several rival companies are charging prices below the regional averages in all four
regions for
cameras and drones with a fourstar
or lower P/Q rating.
the company's total production/assembly costs for both action cameras and UAV drones
are
above the industry averages (as reported on pages 6 and 7 of the latest issue of the
Camera
& Drone Journal).
its sales and market shares for cameras and drones are below the industry averages in
as
many as two geographic regions.
7. The makers of actioncapture
cameras have good reason to sell their camera
models to camera
retailers in [Show Less]