Capsim

5 July 2023
4.6 (219 reviews)
20 test answers

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question
Throughout the simulation new companies will eventually enter the market. True or False?
answer
False
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Which of the following types of products does your company sell? Genetic Testing Devices Cell Phones Elevators Sensors
answer
sensors
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Traditional, Low End, High End, Performance, and Size are the customer segments. True or False?
answer
True
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Name two expectations customers have that are part of the Customer Buying Criteria. Price and Customer Awareness Positioning and Price Age and Customer Accessibility Reliability and Quality
answer
Positioning and Price
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Up to how many simulated years can you run your company? 12 1 8 5
answer
8
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As the rounds progress, the customer segments will drift away from each other. True or False?
answer
True
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In Research & Development, or R&D, you are responsible for:
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creating products that meet your customers' demands.
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In Marketing, you are responsible for: In Production, you are responsible for:
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selling your products to the market.
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In Production, you are responsible for:
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making the products, and managing the capacity and automation for your plant's production lines.
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In Finance, you are responsible for:
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ensuring the company has enough cash to run the business throughout the year.
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High Tech customers want cutting edge products that are updated every year. True or False?
answer
False
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When a product's positioning (Performance/Size) is updated, what happens to the product's age?
answer
It cuts in half
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Products that have revisions that take more than 1 year can not be revised until the following year. True or False?
answer
True
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What does the Promotional Budget determine?
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Awareness
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What does the Sales Budget determine?
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Accessibility
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You should not purchase capacity for products with a second shift of 90%. True or False?
answer
False
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After your company purchases capacity, how much time does it take to be able to use the added capacity?
answer
1 year
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You can produce twice your capacity by running a full second shift. True or False?
answer
True
question
Which of the following decisions can help you raise money for your company?
answer
Issue Long-Term Debt
question
Emergency loans are a good option to help finance your company. True or False?
answer
False