Exam (elaborations)
ETS MFT MBA EXAM QUESTIONS AND ANSWERS
- Course
- Institution
ETS MFT MBA EXAM QUESTIONS AND ANSWERS
[Show more]
Content preview
ETS MFT MBA EXAM QUESTIONS AND ANSWERSWhich of the following organizations is most likely
to use project financing?
(A) A small start-up
(B) A financial services firm with an extensive client list
(C) A large consumer goods company
(D) A large public utility involved in
infrastructure development - Answers- (D) A large public utility involved in infrastructure
development
Wave Inc. is a telecommunications company that wants to become involved in e-
commerce. It has to
decide whether to develop a business-to-business or business-to-consumer strategy. As
Wave's strategic planner, you have been asked to develop a business plan for each
opportunity and present these to senior management. The answer to which of the
following questions is most important to know before starting your plan?
(A) What are the company's core competencies?
(B) What is the potential market size?
(C) What is the impact on the estimated revenue?
(D) Does the company have e-commerce
capabilities? - Answers- (A) What are the company's core competencies?
If you were the holder of a call option (having cost you $2) on some stock with an
exercise price of
$20, it would be best for you to exercise your option when the market price is at
(A) $18
(B) $20
(C) $22
(D) $24 - Answers- (D) $24
Increased globalization and technological change, particularly in telecommunications,
enable more organizations to adopt which of the following organizational structures?
(A) Functional
(B) Matrix
(C) Network
(D) Mechanistic - Answers- (C) Network
A new local Super Store publicly announced that when more than three people are
standing in line
at cash registers, additional checkout-lines will be opened. After the announcement,
customers quickly noticed that the additional lines were not opened until six or seven
people were standing in line. This indicates a gap between
(A) customer expectation and management perception of customer expectation
(B) management perception of customer expectation and service quality specifications
(C) customer expectation and internal management communication
, (D) actual service delivery and how service quality was communicated - Answers- (D)
actual service delivery and how service quality was communicated
All of the following can be considered in the evaluation of a business unit EXCEPT
(A) wages paid to labor
(B) projected annual revenues of competitors
(C) the cost of materials used in the production process
(D) the price at which goods produced are sold - Answers- (B) projected annual
revenues of competitors
The sales division of a corporation is considering an internal product transfer because of
excess demand. What is the lowest acceptable transfer price for the product?
(A) The amount that the company would have to pay to acquire a similar product
(B) The variable cost of producing a unit of product
(C) The full absorption cost of producing a unit of product
(D) The difference between the market price and the costs recaptured by transferring
internally - Answers- (D) The difference between the market price and the costs
recaptured by transferring internally
The Mart, a large retail chain, is considering whether or not to close down a division.
The division's projected income statement for the next year follows.
-Sales $20,000,000
-Cost of goods sold 17,000,000
-Gross profit 3,000,000
-Operating costs:
-Building rents $2,500,000
-Store clerk salaries 3,000,000
-Store utilities 1,200,000
-Allocated home office cost 700,000
-Total operating costs 7,400,000
-Anticipated loss ($4,400,000)
The building rents arise from long-term leases that cannot be cancelled. If The Mart
closed down this division, what would be the increase in company
profits?
(A) $700,000
(B) $1,200,000
(C) $3,000,000
(D) $4,400,000 - Answers- (B) $1,200,000
Using manufacturing-based criteria to measure product quality, which of the following
should you monitor on a regular basis?
(A) Customers' subjective perceptions of the reliability of the product when in use
(B) The conformance of the finished product to agreed-to product specifications
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 GEEKA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
66579 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now