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BSG Online 2016 - Quiz 1 and Answers - Test 01

BSG Online - Quiz 1 Answers and Keys

BSG Online 2016 - Quiz 1 and Answers

Quiz 1 and Answers

 

Business Strategy Game - BSG Online - Learning From Winners 2016

 

1. The factors that affect a company's S/Q rating include:
whether materials are produced in-house or outsourced; overall footwear quality; how much is spent to inspect newly-produced pairs and avoid shipping defective shoes; the size of the incentives paid to production workers.

the size of annual base pay increases; reject rates; expenditures for best practices training; whether plant upgrade B has been installed.

how well compensated its work force is; whether shoes are produced with standard materials or superior materials; the durability and quality of the footwear, and how many models/styles are included in its product line.

the number of performance features built into branded models/styles annually; the durability of its athletic shoes; how much best practices training the average production worker has had; and plant reject rates.

whether plant upgrade C has been installed; a company's cumulative spending for TQM/Six Sigma quality control programs; and expenditures for new styling/features per model.

 

 

2. Which of the following is not an accurate characteristic of your company's plant operations?

The company makes most all of its footwear materials and components in-house, uses 100-person assembly lines to make branded shoes at the rate of 500 pairs per day, and outsources private-label footwear from contract manufacturers in the Asia-Pacific.

Standard and superior materials are sourced from outside suppliers at prices that vary according to global demand-supply conditions.

The company compensates production workers on the basis of both base pay and incentive payments per non-defective pair produced.

TQM/Six Sigma quality control programs and best practices training are used to promote better workmanship and reduce the number of pairs rejected due to defects.

Plants can produce 50, 100, 150, 200, 250, 350, or 500 branded models/styles.

 

3. The factors that affect worker productivity include

the size of a plant's work force, whether workers are making branded or private-label shoes, whether a plant has been upgraded and modernized within the past three years, and the complexity of the new features and styling that has been designed into the models/styles of footwear being produced.

S/Q ratings, the warranty claim rate on recently-sold footwear, the amount of overtime used, the percentage of pairs outsourced, and how many pairs each worker is able to make during a year.

worker experience, base pay increases, reject rates, how much the company spends for TQM/Six Sigma training to enhance worker skills, and the S/Q ratings on the footwear being produced.

the size of incentive payments per non-defective pair, base pay increases, how favorably a company's compensation package compares with the industry-average compensation package, and expenditures for best practices training.

the percentage use of overtime, the percentage of newly-hired workers, the percentage use of superior materials, and the S/Q ratings on the footwear being produced.

 

4. The company currently has production facilities to make athletic footwear in

Latin America and Asia-Pacific. 

North America and Europe-Africa.

North America and Latin America.

North America and Asia-Pacific.

Middle East, India, and China.

 

5. Which one of the following does not affect the reject rates at a company's plants?

The installation of plant upgrade C

Spending for TQM/Six Sigma quality control efforts

The number of models/styles comprising the company's product line The size of the incentive payment per non-defective pair produced Spending for best practices training

 

6. Which of the following are factors in determining a company's credit rating?

Its times-interest-earned ratio, debt-equity ratio, and return on capital investment

A company's current ratio, how much it has in accounts receivable and accounts payable, and how many times it has cut its dividend

Its loans outstanding, dividend payout ratio, annual interest payments, and debt-equity ratio Its debt-equity ratio, current ratio, free cash flow, and gross profit margin

Its default-risk ratio, debt-asset ratio, and interest coverage ratio

 

7. Which the following are the four geographic regions in which the company sells branded and private-label athletic footwear?

Italy, Mexico, the U.S., and Australia

The United States, Middle East, Great Britain, and Japan

Western Europe, Asia, North America, and South America

The European Union, North America, Southeast Asia, and Latin America

Latin America, North America, Europe-Africa, and Asia-Pacific

 

8. Which one of the following is not a factor in determining a company's unit sales and market share of branded footwear in a particular geographic region?

Expenditures on advertising

Performance/durability (P/D) ratings

Delivery times to retailers (1, 2, 3, or 4 weeks)

The number of models/styles in the company's product line Mail-in rebate offers

 

9. The reject rates at the company's footwear plants are a function of

the S/Q rating, worker experience, incentive bonuses for teamwork and perfect attendance, best practices training, spending for new features and styling, and the use of plant upgrade option B.

the size of worker's annual base pay, year-end incentive bonuses, best practices training, the plant's D/P (performance/durability) rating, and the number of models/styles comprising the company's product line.

the size of the incentive payment per non-defective pair produced, spending for best practices training, spending for TQM/Six Sigma quality control, the number of models/styles comprising the company's product line, and the installation of plant upgrade option A.

best practices training, overtime pay, spending for TQM/Six Sigma quality control, the number of models/styles comprising the company's product line, and the use of plant upgrade option C.

workers' total compensation package, the number of plants, and the installation of upgrade option D.

 

10. Which of the following most accurately describes your company's plant operations?

Workers are organized into 3-person teams; each team has the capability to make 5,000 pairs annually; teams are compensated at the rate of $10 per pair produced.

Standard and superior materials are sourced from outside suppliers at prices that vary according to global demand-supply conditions; the company's production workers are compensated on the basis of both base pay and incentive payments per pair produced.

Branded production is done during regular time and private-label footwear is produced only during overtime.

All footwear production teams must go through 40 hours of best practices training annually.

The company makes most all of its footwear materials and components in-house and uses 25-person assembly lines to make branded shoes at the rate of 5000 pairs per week.

 

 

 

 

 

 

 

 

 

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