PACKAGE FOR CAPSIM EXAM|QUESTIONS RATED A+

7. Successful managers will: - ANSWER a. Create a strategy b. Coordinate company activities c. Analyze the market and its competing products 10. What trend can be explicitly observed in the industry in which your company is operating? - ANSWER c. Products become smaller and smaller. 11. On p...

What does your company manufacture? - ANSWER Sensors How was your company created? - ANSWER It was created when the government split a monopoly into identical competitors. What is FastTrack? What does it include? - ANSWER It is an extensive year-end report of the sensor industry. It includ...

When opening the Excel version of Capstone®, you should do what to Macros? - ANSWER Enable If there are two identical products, one that has 100% accessibility and one that has 0% accessibility, - ANSWER the product with 100% accessibility will outsell the other 2 to 1 providing all other attrib...

Products are invented and revised by which department? - ANSWER Research and Development What is the industry newsletter called? - ANSWER Capstone Courier Which of these investments is not a function of the Production department? - ANSWER Wage Increases What are your company's options for ...

What customer segment(s) does your company sell your product to? - ANSWER Low tech and high tech Two expectations customers have that are part of the Customer Buying Criteria - ANSWER Positioning and price Two of the scoring methods you are measured on in the simulation - ANSWER Sales and cont...

When opening the Excel version of Capstone®, you should do what to Macros? a. Enable b. Disable c. Engage d. Disarm e. Does not matter - ANSWER a. Enable. If there are two identical products, one that has 100% accessibility and one that has 0% accessibility: a. the one with 0% accessib...

Annual Report - ANSWER a report detailing your firm's performance at both the company and product levels. Is the only report that provides detailed breakdown of product-level profits (FastTrack does not show product-level profits!). Proformas - ANSWER Projections for the upcoming year and estima...

What are the 5 market segments? and what is a market segment? - ANSWER 1. Traditional 2. Low End 3. High End 4. Performance 5. Size - Group of customers with similar purchasing concerns What does the perceptual map show? - ANSWER the positioning of a product in the different segments. ...

a. Enable - ANSWER 1. When opening the Excel version of Capstone®, you should do what to Macros? a. Enable b. Disable c. Engage d. Disarm e. Does not matter b. the product with 100% accessibility will outsell the other 2 to 1 providing all other attributes are identical. - ANSWER 2. If th...

To invent a new product, which simulation inputs must be provided? - ANSWER Name, Size, Performance, MTBF Buyer's Market - ANSWER The best time for consumers to buy; characterized by large supply, small demand, and low prices. Seller's Market - ANSWER The best time for producers to sell; cha...

Product Manager - ANSWER Responsible for one of the five sensors in your starting product line Segment Manager - ANSWER Responsible for one of the five market segments Functional Manager - ANSWER Responsible for R&D, Marketing, Production or Finance Competitive Intelligence Officer - ANSWER...

What customer segment(s) does your company sell your product to? - ANSWER Low Tech and High Tech Which of the following types of products does your company sell? - ANSWER Genetic Testing Devices Name two expectations customers have that are part of the Customer Buying Criteria. - ANSWER Positi...

how many products does every team start with - ANSWER five If there are two identical products, one that has 100% accessibility and one that has 0% accessibility, - ANSWER the product with 100% accessibility will outsell the other 2 to 1 providing all other attributes are identical. What are t...

Industry Conditions Report - ANSWER Outlines the beginning business environment, including customer buying criteria. Capstone Courier - ANSWER Extensive year end report of the sensor industry. Includes customer buying patterns, product positioning, and public financial records. Proformas - ANS...