BSG practice quiz 1 and 2 Questions and Answers scored A+ 2023

BSG practice quiz 1 and 2 Questions and Answers scored A+ 2023 Which of the following statements about the importance of each competitive factor in determining company-to-company differences in branded sales volumes and market shares in a particular geographic region is false? Tiny cross-company differences in competitive effort on a highly influential competitive factor (like S/Q ratings, the number of models/styles offered, and selling prices) nearly always have a bigger impact on company sales/market share outcomes in a region than do large differences on less influential competitive factors. Which one of the following is not one of the 5 competitive factors that affect only wholesale sales of branded footwear to athletic footwear retailers? Expenditures for brand advertising Which one of the following is not one of the factors that affect the S/Q rating of a company's footwear? How much is spent to inspect newly produced pairs and avoid shipping defected shoes The percentage use of overtime labor at a given facility Which of the following most accurately describes your company's production operations? TQM/Six Sigma quality control programs are used to reduce reject rates while best practices training is used to increase S/Q ratings and the number of different models that can be produced each week. The projected growth in buyer demand for private-label athletic footwear is higher in the Asia-Pacific and Latin America regions than in the North America and Europe-Africa regions in Years 11-15; the same is true in Years 16-20. At the beginning of Year 11, the company has production facilities to make athletic footwear in North America and Asia-Pacific The size of any price-based competitive advantage that a company achieves in selling branded footwear to footwear retailers in a particular geographic region depends on the amount by which its average wholesale price is below the region's average wholesale price; the further a company's average wholesale price is below a region's average wholesale price, the greater is its price-based competitive advantage. Buyer demand for branded athletic footwear is projected to grow 3-5% annually in North America and Europe-Africa in Years 16-20 and 7-9% annually in the Asia-Pacific region and Latin America in Years 16-20. Which one of the following does not affect the reject rates at a company's production facilities? The percentage use of new equipment versus refurbished footwear-making equipment The company's shipments of newly-produced branded and private-label footwear from its production facilities to its regional distribution centers are subject to prevailing per pair shipping/freight charges, plus any applicable import tariffs and exchange rate adjustments on pairs shipped from a production facility in one region to distribution center/warehouse in a different geographic region. The projected unit sales volumes of branded and private-label footwear per company in the table on p.6 of the Player's Guide indicate that North America is the geographic region with biggest projected unit sales of branded footwear per company in Years 11, 12, and 13. Which of the following are the 5 measures on which a company's performance is judged/scored? ROE, stock price, EPS, credit rating, and image rating Which of the following is the most important competitive factor in determining a company's unit sales and market share of private-label footwear in a particular geographic region? The number of models/styles the company offers to supply to chain retailers in the region ???? Which of the following are components of the total compensation package for production workers at your company's production facilities? Base wages, incentive payments per non-defective pair produced, fringe benefits, and any overtime pay Which of the following financial measures are used to determine a company's credit rating? Its default risk ratio, debt-asset ratio, and interest coverage ratio Which of the following statements about the impact of a company's competitive efforts in a region on its regional market share and number of branded pairs sold is false? Companies whose delivery times are in a region are shorter than the all-company average have a competitive disadvantage in attracting footwear retailers to stock their brand. A company's distribution and warehouse expenses do NOT include which one of the following? The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and online buyers The factors that affect worker productivity include how much emphasis is placed on incentive compensation (as measured by the percentage of the company's total compensation package accounted for by incentive pay) and the amount the company spends annually per worker for best practices training. The interest rate a company pays on 1-year, 5-year, and 10-year loans is a function of its credit rating and the length of the term over which repayment is scheduled. The projected percentage growth in buyer demand for private-label athletic footwear is higher than the projected growth for branded footwear in the Asia Pacific and Latin America regions in both the Year 11-15 and Year 16-20 periods.