Question 1

As technology improves, customer expectations are:

a. Higher

b. Lower

c. About the same

d. None of the above

Question 2

Which Automation rating pushes the revision date out the furthest?

a. 1

b. 5

c. 9

d. 10

Question 3

When scheduling the number of products you want produced each year you will enter the data on the R & D page.

True

False

Question 4

Taking an Emergency Loan when other alternatives are still available is acceptable business practice in Capsim.

True

False

Question 5

Paying dividends using debt always has a positive impact on EPS (Earnings Per Share).

True

False

Question 6

A market segment is a group of customers with similar purchasing concerns.

True

False

Question 7

When an R&D effort is started, project lengths can be as short as three months or as long as three years.

True

False

Question 8

Increasing the Automation rating will decrease the needed HR complement.

True

False

Question 9

Low Tech customers emphasize buying criteria in which order?

a. Price, Reliability, Positioning, Age

b. Price, Positioning, Age, Reliability

c. Positioning, Age, Price, Reliability

d. Price, Age, Reliability, and Position

Question 10

There are 3 segments in Capsim.

True

False

Question 11

High Tech customers are willing to pay any price to get the latest and best technology.

True

False

Question 12

The following are all acceptable ways to raise capital: short term debt, long-term debt, emergency loan and stock issues.

True

False

Question 13

Decisions are made once per simulated year on what simulated date?

a. 31 December

b. 01 July

c. 01 January

d. None of the above

Question 14

During the simulation, your customers' expectations will constantly change. What are your customers going to want?

a. Positioning that is way upper right on the Perceptual Map

b. Lower MTBF

c. Products with smaller size and higher performance

d. Products with larger size and higher performance

Question 15

Small size and fast performance best identifies with a High Tech product.

True

False