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Exam (elaborations)

CAPSIM* Questions and Solutions

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  • Module
  • CAPSIM
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  • CAPSIM

CAPSIM* Questions and Solutions In Capstone, there are _____ basic strategies for starting your own strategy. 6 The _____ is a marketing tool used to track the position of the company's products against those of the competitors. Perceptual Map Hours The Mean Time Before Failure is...

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  • December 25, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAPSIM
  • CAPSIM
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CAPSIM* Questions and Solutions
In Capstone, there are _____ basic strategies for starting your own strategy. - answer
6

The _____ is a marketing tool used to track the position of the company's products
against those of the competitors. - answer Perceptual Map

Hours - answer The Mean Time Before Failure is measured in _____.

Project Length - answer - The product's automation level on the production line.
- The # of R&D projects underway at the same time.
- The proximity of the product's new location to an existing product in your company's
line.
These factors drive _______________.

Math and Logic - answer Forecasting sales requires _____ and _____.

Six Basic Strategies - answer Broad Differentiator
Niche Cost Leader
Niche Differentiator
Cost Leader w/Product Lifecycle Focus
Differentiator with Product Lifecycle Focus

Mean Time Before Failure - answer MTBF is _____.

Buying Criteria - answer The _____ are Price, Positioning, Age, and MTBF

Customer survey scores are calculated _____ times per year. - answer 12

Price ranges in all segments drop by _____ much per year? - answer $0.50

The _____ report of the Capstone Courier can help you diagnose stock outs and their
impacts. - answer Market Share

Financial, Internal Business Process, Customer, Learning and Growth - answer
Balance Scorecard allows companies to gauge their performance by assessing
measures in these categories.

Age of a Product - answer _____ is the length of time since a product was revised or
invented.

Positioning and Price - answer _____ and _____ change every year. Age and MTBF
criteria always remain the same.

,Positioning and price change every year. _____ criteria always remain the same. -
answer Age and MTBF

Ideal Spot - answer The _____ is the position on the Perceptual Map where demand
is highest.

Market Segment - answer A _____ is a group of customers who have similar needs.

5 Market Segments - answer The _____ are Traditional, Low End, High End,
Performance and Size.

Increased - answer Each year, customers demand ___________ performance and
decreased size.

Decreased - answer Each year, customers demand increased performance and
___________ size.

The ___________ segment has the fastest drift rate. - answer performance

Low End - answer The _________ segment has the slowest drift rate.

Each month during the year, the segment drifts _____ of the distance from the starting
position to the ending position. - answer 1/12th

Segments are moving - answer Some ideal spots are ahead of the segment centers
because _____.

Traditional and Low End - answer The __________ and ____________ sell more
units than the high technology segments, High End, Performance and Size.

Growth rates for each of the segments can be found in the _________. - answer
Capstone Courier

Traditional - answer ___________ market segment seeks proven products at a
modest price.

Age - answer The most important buying criteria for the Traditional segment is
_____.

MTBF - answer The least important buying criteria for the Traditional segment is
_____.

Center - answer The traditional customers give higher position scores to sensors
located in the ______ of the segment circle.

, Low End - answer The ______ market segment seek low prices and well proven
products.

Price - answer The most important buying criteria for the Low End segment is _____.

MTBF - answer The least important buying criteria for the Low End segment is
_____.

Low end customers prefer inexpensive sensors with _____ performance and _____
size. - answer slower, larger

Behind the center - answer The low end customers give higher position scores to
sensors located _____ of the segment circle.

High End - answer _____ market segment seeks cutting-edge technology in
size/performance and new designs.

The most important buying criteria for the high end segment is _____. - answer Ideal
Position

Price - answer The least important buying criteria for the high end segment is _____.

High, Small - answer High end customers demand cutting edge sensors with _____
performance and _____ size.

Ahead of the center - answer The high end customers give higher position scores to
sensors located _____ of the segment circle.

Performance - answer _____ market segment seeks high reliability and cutting edge
performance technology.

MTBF - answer The most important buying criteria for the performance segment is
_____.

Age - answer The least important buying criteria for the performance segment is
_____.

Size - answer Performance customers emphasize performance over _____.

1 year - answer Performance customers want sensors in the _____ range.

2 year - answer Traditional customers give higher scores to sensors in the _____
range.

7 year - answer Low end customers give higher scores to sensors in the _____
range.

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