Exam (elaborations)
BSG Comprehensive Exam | Questions And Answers With Verified Solutions 2023
- Course
- Institution
BSG Comprehensive Exam | Questions And Answers With Verified Solutions 2023
[Show more]
Content preview
1 / BSG Comprehensive Exam Questions and Answers 2023 (Verified Answers)1.The benefits of pursuing a strategy of social responsibility and corporate
citizenship include: · The positive impact that such a strategy has on
the compa- ny's image rating, provided the company spends a
meaningful amount on socially responsible activities and such
spending is sustained over a multi-year period
2.If a company's managers want to succeed in creating a differentia-
tion-based competitive advantage (And a potential cost advantage in achiev- ing the differentiation) that is difficult for rivals to quickly or easily copy (because every strategic move a company makes to outcompete rivals and gain a competitive advantage is not apparent from information contained in the FIR and the competitive intelligence Report), then the managers have to: · Do a better job then rivals in identifying and implementing ways to become very cost-efficient in producing and 2 / marketing 350-500 models/styles of branded footwear that also have the highest S/Q rating in the industry
3.Valid reasons to consider building a new plant in Latin America include: · Low tariff costs on footwear sales in Latin America (because no import tariffs
are paid on footwear produced at the Latin American plant and shipped to the distribution warehouses in Latin America)
4.A company stands a better chance of achieving a sustainable cost-
based competitive advantage over rivals if its managers: · Pursue a number of
cost-reducing initiatives that can be concealed from rivals (because
such initiatives are not part of the information contained in the FIR and
the competitive intelligence report)
5.Which of the following actions does not help a company's social respon- sibility strategy result in a higher image rating?: · Reducing the prices, the company charges its customers for branded footwear
6.What does help a company's social responsibility strategy and results in a higher image rating: · Using environmentally friendly or 'Green' 3 / materials in producing footwear at the company's plants
·Using recycled packaging materials to box each pair of athletic footwear at the company's distribution centers
·Making donations to charities and charitable causes
·Investing to improve energy efficiency and the use of renewable sources at company facilities. .It makes good economic sense for company managers to consider invest- ing $3.5 million per million pairs of capacity for a plant facilities upgrade that will boost labor productivity by 25%.: · At a plant that currently has labor productivity of 3,200 pairs per worker and total employee compensation of $20,000 annually because the upgrade will
cause labor costs per pair produced to decline from $6.25 to $5.00
oLabor cost per pair = Compensation/Productivity
oLabor cost per pair initially = 20,000/3,200 = $6.25
oAfter increase in productivity = 20,000/ (3,200*1.25) = $5.00
o Reduction = 6.25 * 5.00 = $1.25
8.Which of the following combinations of actions will likely provide the biggest competitive benefits in helping a company achieve a differentia- tion-based competitive advantage over some/many of its rivals?: · Offering 400 or more models/styles to buyers in all four geographic regions, maintaining a celebrity appeal rating of 200 or higher in all
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Toian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now