Exam Correct Questions And Answers!

overall cost leader, differentiation {Ans: competition strategies}raising automation risks {Ans: 1) expensive - $4 per unit 2) as you raise, increasingly difficult for R and D to reposition products short distances}wage increases {Ans: Which of these investments is not a function of the Production department? Increasing Automation Wage Increases Creating new production lines}true {Ans: The Proformas are dynamic financial statements that recalculate based on your decisions. True False}poor investing and financing decisions, negative cash flows result in emergency loan {Ans: reasons for having bad cash flows}traditional {Ans: age - price - position - quality}Research and development {Ans: Products are invented and revised by which department? Marketing Production Research and Development Finance}New product development {Ans: - takes at least one year - max is 2x listed capacity - additional capacity takes at least one year -create 25% awareness at no cost require capacity and automation}performance {Ans: quality - position - price - age}customer survey score {Ans: calculated 12x/year -age and positioning taken into account -100 - ideal spot, bottom priced, ideal age, MTBF top}high end {Ans: position - age - quality - price}marketing, finance, product, research and development {Ans: