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BSG QUIZ 1
QUESTIONS WITH CORRECT ANSWERS 2023
"The reject rates at the company's footwear plants are a function of - Correct Answer the size of the
incentive payment per non defective pair produced, spending for best practices training, spending for TQM/Six Sigma quality control efforts, the number of models/styles comprising the company's product line, and the installation of plant upgrade option A"
"The company's present production capability (as of Year 10) is - Correct Answer 6 million pairs
without the use of overtime and 7.2 million pairs with the use of overtime" "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? - Correct Answer The number of new
performance features built into each year's models/styles" "Which of the following is the most important factor in determining a company's unit sales and market
share of private-label footwear in a particular geographic region? - Correct Answer The company's bid
price"
"The factors that affect a company's S/Q rating include: - Correct Answer the percentage use of
superior materials; a company's cumulative spending for TQM/Six Sigma quality control programs; the use of best practices training; and expenditures or new styling/features per model"
"Which one of the following does not affect the reject rates? - Correct Answer The installation of plant
upgrade C" "Which of the following are the 4 geographic regions in which the company sells branded and private
label athletic footwear? - Correct Answer Asia-Pacific, Europe-Africa, Latin America, and North
America"
"The market for PRIVATE label athletic footwear is projected to grow - Correct Answer 10% annually in
all four geographic regions during the Year 11-Year 15 period and 8.5% annually in all four regions during the Year 16-Year 20 period"
"Which of the following most accurately describes your company's plant operations? - Correct Answer
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 non-defective pair produced."
"The market for branded athletic footwear is projected to grow - Correct Answer 9-11% annually in
Latin America and the Asia-Pacific during the year 11-year 15 period and 7-9% annually in these regions during the year 16-year 20 period" "The company's shipments of newly-produced branded and private-label footwear from its plants to its
regional distribution centers are subject to - Correct Answer Any applicable import tariffs and
exchange rate adjustments"
"Which of the following is/are not among the factors that affect worker productivity? - Correct Answer
The percentage of newly-hired workers and the percentage use of superior materials" "The company's shipments of newly produced branded and private label footwear from its plants to its
regional distribution centers are subject to - Correct Answer any applicable import tariffs and
exchange rate adjustments"
"The company currently has production facilities to make athletic footwear in - Correct Answer North
America and Asia-Pacific" "Which of the following currencies are involved in affecting the operations of your company's athletic
footwear business? - Correct Answer Singapore dollars, euros, U.S Dollars, and Brazilian reals"
"Which of the following are the 5 measures on which a company's performance is judged/scored? -
Correct Answer Earnings per share, ROE, Stock price, Credit rating, and image rating"
"Which of the following best describes the materials the company uses to make its footwear? - Correct
Answer Standard and superior materials"
"The market for BRANDED athletic footwear is projected to grow - Correct Answer 5-7% annually in
North America and Europe-Africa during Year 11-Year 15 and 3-5% annually in these regions during the Year 16-Year 20 period."
"Which of the following are factors in determining a company's credit rating? - Correct Answer Its
debt-asset ratio, default risk ratio, and interest coverage ratio" "Which of the following are components of the compensation package for production workers at your
company's plants? - Correct Answer Base wages, incentive payments per non defective pair produced,
and overtime pay." "A footwear makers price competitiveness in selling branded footwear to retailers in a particular
geographic region is determined by - Correct Answer whether its wholesale price is above or below
the average price of all companies competing in that geographic region"
"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? - Correct Answer Footwear features and footwear
durability" "Which of the following is the most important factor in determining a company's unit sales and market
share of private label footwear in a particular geographic region? - Correct Answer The company's bid
price" "Which of the following is/are not among the factors that affect worker productivity? (same as 9?)
**LOOK into - Correct Answer S/Q Ratings and the warranty claim rate on recently sold footwear"
"The market for branded athletic wear is projected to grow - Correct Answer 9-11% annually in Latin
America and the Asia-Pacific during Year11-Year 15 and 7-9% annually in these regions during the year 16-year 20 period"
"The market for branded athletic wear is projected to grow - Correct Answer 9-11% annually in Latin
and Asia Pacific during the year 11 - year 15 period and 5-7% annually in North America and Europe- Africa during the year 11-15 period" "The company's present production capability (as of Year 10) is: a. 4 million pairs without the use of overtime and 6 million pairs with the use of overtime. b. 6 million pairs without the use of overtime and 7.2 million pairs with the use of overtime. c. 6 million pairs without the use of overtime and 6.6 million pairs with the use of overtime. d. 8 million pairs without the use of overtime and 10 million pairs with the use of overtime.
e. 4 million pairs without the use of overtime and 5 million pairs with the use of overtime. - Correct
Answer b. 6 million pairs without the use of overtime and 7.2 million pairs with the use of overtime."
"Which of the following is/are not among the factors that affect worker productivity? a. Expenditures for best practices training b. Whether plant upgrade option D has been installed c. The percentage of newly-hired workers and the percentage use of superior materials d. The size of incentive payments per non-defective pair
e. Base pay increases - Correct Answer c. The percentage of newly-hired workers and the percentage
use of superior materials" "Which one of the following does not affect the reject rates at a company's plants? a. The size of the incentive payment per non-defective pair produced b. Spending for TQM/Six Sigma quality control efforts c. The number of models/styles comprising the company's product line d. The installation of plant upgrade C
e. Spending for best practices training - Correct Answer d. The installation of plant upgrade C"
"Which of the following are the 5 measures on which a company's performance is judged/scored? a. S/Q rating, revenues, EPS, ROE, and year-end cash balance b. Quality rating, stock price, dividends, credit rating, and net profit margin c. Earnings per share, ROE, stock price, credit rating, and image rating d. Revenues, global market share, net profits, ROE, and credit rating
e. Revenues, net profit, stock price, credit rating, and global market share - Correct Answer c. Earnings
per share, ROE, stock price, credit rating, and image rating" "Which of the following is the most important factor in determining a company's unit sales and market share of private-label footwear in a particular geographic region? a. Whether the company's private-label footwear has a higher S/Q rating than the footwear of rival private-label manufacturers b. The number of models/styles comprising the company's product line c. The appeal of the celebrities signed to endorse the company's footwear d. The amount of merchandising support provided to retailers
e. The company's bid price - Correct Answer e. The company's bid price"
"Which the following are factors in determining a company's credit rating? a. Its default risk ratio, debt-asset ratio, and interest coverage ratio b. Its times-interest-earned ratio, debt-equity ratio, and return on investment c. A company's current ratio, accounts payable, operating profit margin, and the margin by which free cash flow exceeds interest payments d. Its loans outstanding, dividend payout ratio, debt-equity ratio, and free cash flow
e. Its debt-equity ratio, current ratio, and gross profit margin - Correct Answer a. Its default risk ratio,
debt-asset ratio, and interest coverage ratio" "Which of the following are components of the compensation package for production workers at your company's plants? a. Annual base salary, teamwork bonuses, fringe benefits, and stock options b. Weekly salary, fringe benefits, year-end bonuses tied to the number of non-defective pairs produced, and overtime pay c. Hourly wages, fringe benefits, and overtime pay d. Base wages, incentive payments per non defective pair produced, and overtime pay e. Annual base pay, piecework incentives per pair produced, perfect attendance bonuses at best
practices training programs, stock options, fringe benefits, and overtime pay - Correct Answer d. Base
wages, incentive payments per non defective pair produced, and overtime pay"
a. 10% annually in North America and Europe-Africa during the Year 11-Year 15 period and 8.5% annually in Latin America and the Asia-Pacific regions during the Year 11-Year 20 period. b. 10% annually in all four geographic regions during the Year 11-Year 15 period and 8.5% annually in all four regions during the Year 16-Year 20 period. c. 6-8% annually in North America and Europe-Africa during the Year 11-Year 20 period and 10-12% annually in Latin America and the Asia-Pacific during the Year 11-Year 20 period. d. 12-14% annually in all 4 regions during the Year 11-Year 15 period and 8-10% annually in all 4 regions during the Year 16-Year 20 period. e. 12% annually in all four geographic markets during Years 11-15, and then slow gradually to 8%
annually in all markets by Year 20. - Correct Answer b. 10% annually in all four geographic regions
during the Year 11-Year 15 period and 8.5% annually in all four regions during the Year 16-Year 20 period." "A footwear-maker's price competitiveness in selling branded footwear to retailers in a particular geographic region is determined by a. how favorably its wholesale price compares with the highest wholesale price being charged by any rival in any geographic region. b. how favorably its wholesale price compares with the wholesale price being charged by company having the lowest-priced footwear brand (after all mail-in rebates are factored in). c. whether its wholesale price is above or below the average price of all companies competing in that geographic region. d. how favorably its wholesale price compares to the lowest price being charged by the rival company having the largest number of models/styles in the region. e. whether its wholesale price is above or below the average price of all companies having the same S/Q
rating in the region. - Correct Answer c. whether its wholesale price is above or below the average
price of all companies competing in that geographic region." "The market for branded athletic footwear is projected to grow a. between 8-11% annually worldwide during the Year 11-20 period. b. 9-11% annually in Latin America and the Asia-Pacific during the Year 11-Year 15 period and 7-9% annually in these regions during the Year 16-Year 20 period. c. 6-9% annually in all four geographic regions during the Year 11-Year 15 period and 7-8% annually in all four regions during the Year 16-Year 20 period. d. 10-12% annually in North America and Europe-Africa during the Year 11-Year 15 period and 6-8% annually in these regions during the Year 16-Year 20 period. e. 6% annually in all four geographic markets during Years 11-15, and then slow gradually to 3% annually
in all markets by Year 20. - Correct Answer b. 9-11% annually in Latin America and the Asia-Pacific
during the Year 11-Year 15 period and 7-9% annually in these regions during the Year 16-Year 20 period." "The factors that affect a company's S/Q rating include:
a. the size of annual base pay increases; reject rates; expenditures for best practices training; whether plant upgrade B has been installed. b. 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. c. 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. d. 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. e. whether materials are produced in-house or outsourced; overall footwear quality; how much is spent
to inspect newl - Correct Answer c. 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." "The company's shipments of newly-produced branded and private-label footwear from its plants to its regional distribution centers are subject to a. any applicable import tariffs and exchange rate adjustments. b. shipping charges of $3 per pair on all pairs shipped from one region to another region and exchange rate shifts of as high as 10%. c. tariffs of $6 per pair and shipping fees of $2 per pair. d. export fees equal to 10% of the manufacturing costs of the pairs shipped and exchange rate shifts of as high as 25%. e. 1-million pair import quotas on shipments from foreign plants to Europe-Africa and Asia-Pacific and
exchange rate shifts of as high as 5%. - Correct Answer a. any applicable import tariffs and exchange
rate adjustments." "The interest rate a company pays on loans outstanding depends on a. its free cash flow in the prior year and whether its prior-year net profit margin exceeded 10%. b. its credit rating. c. Its accounts payable ratio, its debt-assets ratio, and its loan default percentage over the past three years. d. its current ratio, debt-equity ratio, and default risk ratio. e. its current ratio, the amount of cash on hand to make interest payments, and the average annual
amount of free cash flow. - Correct Answer b. its credit rating."
"Which of the following does not affect the reject rates at a company's plants? - Correct Answer The
S/Q rating of pairs being produced and the use of plant upgrade option B"
"Which of the following best describes the materials the company uses to make its footwear? - Correct
Answer Standard and superior materials"
"At the end of year 10, going into year 11, a company's production capability was - Correct Answer 6
million pairs without the use of overtime and 7.2 million pairs with the use of overtime"
"The market for private-label athletic footwear is projected to grow - Correct Answer 10% annually in
all four geographic regions during the year 11-year 15 period and 8.5% annually in all four regions during the year 16-year 20 period" "Which of the following are components of the compensation package for productions workers at your
company's plants? - Correct Answer Base wages, incentive payments per non defective pair produced,
and overtime pay"
"Which of the following are the 5 measures on which a company's performance is judged/scored? -
Correct Answer Earnings per share, ROE, stock price, credit rating, and image rating"
"Which one of the following is not one of the factors that affect the S/Q rating of a company's footwear?
- Correct Answer How much is spent to inspect newly-produced pairs and avoid shipping defective shoes"
"Which of the following is/are not among the factors that affect worker productivity? - Correct Answer
S/Q ratings and the warranty claim rate on recently-sold footwear"
"At the end of Year 10, going into Year 11, the company's production capability was - Correct Answer 6
million pairs without the use of overtime and 7.2 million pairs with the use of overtime."
"The market for private-label athletic footwear is projected to grow - Correct Answer 10% annually in
all four geographic regions during the Year 11-Year 15 period and 8.5% annually in all four regions during the Year 16-Year 20 period."
"Which of the following are the 5 measures on which a company's performance is judged/scored? -
Correct Answer Earnings per share, ROE, stock price, credit rating, and image rating"
"Which of the following best describes the materials the company uses to make its footwear? - Correct
Answer Standard and superior materials"
"Which of the following currencies are involved in affecting the operations of your company's athletic
footwear business? - Correct Answer Singapore dollars, euros, U.S. dollars, and Brazilian reals"
"Which of the following is not an accurate characteristic of your company's plant operations? - Correct
Answer 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."
"A footwear-maker's price competitiveness in selling branded footwear to retailers in a particular
geographic region is determined by - Correct Answer how favorably its wholesale price compares with
the wholesale price of the company having the highest S/Q rating in any of the four geographic regions."
"The interest rate a company pays on loans outstanding depends on - Correct Answer its credit rating."
"The factors that affect a company's S/Q rating include: - Correct Answer 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." "The company's shipments of newly-produced branded and private-label footwear from its plants to its
regional distribution centers are subject to - Correct Answer any applicable import tariffs and
exchange rate adjustments."
"The factors that affect worker productivity include - Correct Answer Whether plant upgrade option D
has been installed, 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."
"Which one of the following does not affect the reject rates at a company's plants? - Correct Answer
The S/Q rating of pairs being produced and the use of plant upgrade option B"
"The market for branded athletic footwear is projected to grow - Correct Answer 9-11% annually in
Latin America and the Asia-Pacific during the Year 11-Year 15 period and 7-9% annually in these regions during the Year 16-Year 20 period."
"In Year 11, footwear companies can expect to sell - Correct Answer exactly 4.844 million branded
pairs and 800,000 private-label pairs." "Which of the following are components of the compensation package for production workers at your
company's plants? - Correct Answer Base wages, incentive payments per non defective pair produced,
and overtime pay" "Which the following are the four geographic regions in which the company sells branded and private-
label athletic footwear? - Correct Answer North America, Latin America, Asia-Pacific, and Europe-
Africa," "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? - Correct Answer The number of new
performance features built into each year's models/styles"
"The company currently has production facilities to make athletic footwear in - Correct Answer North
America and Asia-Pacific."
"The company currently has production facilities to make athletic footwear in - Correct Answer North
America and Asia-Pacific." "Which of the following is the most important factor in determining a company's unit sales and market
share of private-label footwear in a particular geographic region? - Correct Answer The company's bid
price" "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? - Correct Answer Footwear features and footwear
durability"
"The company's present production capability (as of Year 10) is: - Correct Answer 6 million pairs
without the use of overtime and 7.2 million pairs with the use of overtime."
"Which the following are factors in determining a company's credit rating? - Correct Answer Its default
risk ratio, debt-asset ratio, and interest coverage ratio"
"Which of the following best describes the materials the company uses to make its footwear? - Correct
Answer Standard and superior materials"
"In Year 11, footwear companies can expect to sell - Correct Answer an average of 4.84 million
branded pairs and an average of 800,000 private-label pairs, although sales at some companies may run higher or lower than the averages due to differing levels of competitive effort."
"The market for private-label athletic footwear is projected to grow - Correct Answer 10% annually in
all four geographic regions during the Year 11-Year 15 period and 8.5% annually in all four regions during the Year 16-Year 20 period."
"The market for branded athletic footwear is projected to grow - Correct Answer 9-11% annually in
Latin America and the Asia-Pacific during the Year 11-Year 15 period and 7-9% annually in these regions during the Year 16-Year 20 period."
"The reject rates at the company's footwear plants are a function of - Correct Answer 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." "The company currently has production facilities to make athletic footwear in a. Taiwan, India, Brazil, and Middle East. b. North America and Asia-Pacific. c. Asia-Pacific and Latin America.
d. the Middle East and China.
e. North America and Latin America. - Correct Answer b. North America and Asia-Pacific."
"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? a. The number of retailers stocking the company's footwear brand b. The number of models/styles in the company's product line c. Footwear features and footwear durability d. S/Q ratings of the company's footwear
e. Expenditures for retailer support - Correct Answer c. Footwear features and footwear durability"
