Capsim Training Questions [Latest Release] 100% Correct

Capsim Training Questions [Latest Release] 100% Correct After your company purchases capacity, how much time does it take to be able to use the added capacity? *Ans* 1 Year Companies in the simulation can go out of business if they do poorly. True or False? *Ans* F Emergency loans are a good option to help finance your company. True or False? *Ans* F Exchange rates are one of the factors that fluctuate within each country. True or False? *Ans* T How many points can you gain in the Balanced Scorecard each round? *Ans* 100 Name two expectations customers have that are part of the Customer Buying Criteria. *Ans* Positioning and Price Region Kits represent additional product features tailored to a specific market. True or False? *Ans* T Segments in different countries have different growth rates. True or False? *Ans* T The four departments in CapsimGlobal are Research & Development, Marketing, Production, and Finance. True or False? *Ans* T Up to how many simulated years can you run your company? *Ans* 8 What customer segment(s) does your company sell your product to? *Ans* Low Tech and High Tech What does the Promotional Budget determine? *Ans* Awareness What does your Sales Budget determine? *Ans* Accessibility When a product's positioning (Speed/Accuracy) is updated, what happens to the product's age? *Ans* It cuts in half. Which of the following decisions can help you raise money for your company? *Ans* Debt Which of the following types of products does your company sell? *Ans* Issue Long-Term Genetic Testing Devices You can change your Plant Location at any time during the simulation. True or False? *Ans* F You can produce twice your capacity by running a full second shift. True or False? *Ans* T You have the ability to sell in three different countries: USA, Australia, and China. True or False? *Ans* F Your goal is to develop and execute a strategy that builds a successful company. True or False? *Ans* T