GLOBUS QUIZ Questions with Correct Answers

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GLOBUS QUIZ What is GLO-BUS? - ANS-•Online, PC-based simulation -Specialized camera company •Action-capture cameras •Unmanned aerial view drones -Head-to-head competition •Headquarters an... d assembly facilities in Taiwan •Participation in four global regions YOUR COMPANY'S CURRENT SITUATION (YEAR 5) - ANS-•Sound financial condition •Equal footing with competitors including: -Sales volume •840,000 ACC; 140,000 UAVD -Global market share -Revenues •$334.1 million -Profits •$15 million -Costs -Quality What can happen in a year? - ANS-•Each decision period in GLO-BUS represents one year -Company age = 5 years -First decision year = Year 6 WHAT DECISIONS WILL WE MAKE EACH YEAR? - ANS-•Design of products (up to 21 decisions) •Assembly operations and workforce compensation (up to 16 decisions) •Pricing and marketing (up to 13 decisions) •Corporate social responsibility and citizenship (up to 6 decisions) •Financing of company operations (up to 8 decisions) •Manipulation of forecasts (up to 17 decisions) HOW DO WE COMPETE WITH OTHER COMPANIES? (1/2) - ANS-•Wide strategic latitude •No built-in bias that favors any one strategy •How do companies in the "real world" compete? [Show More]

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