The King's College Business Strategy Quiz 1

10 Questions | Total Attempts: 56

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Strategy Quizzes & Trivia

First Quiz to test students knowledge of the Capstone simulation.


Questions and Answers
  • 1. 
    There are three segments to the sensor market.
    • A. 

      True

    • B. 

      False

  • 2. 
    The size and speed (performance) of your sensor products changse every year automatically.
    • A. 

      True

    • B. 

      False

  • 3. 
    1.       The price, reliability (mean time between failure or MTBF) remain the same year after year unless you change their values.  
    • A. 

      True

    • B. 

      False

  • 4. 
    The high tech market segment is twice as large as the low tech market segment.
    • A. 

      True

    • B. 

      False

  • 5. 
    Sensors priced $10.00 per unit above or below the segment guidelines will not be considered for purchase.  
    • A. 

      True

    • B. 

      False

  • 6. 
    MTBF reliability rating guidelines remain the same for each round.  
    • A. 

      True

    • B. 

      False

  • 7. 
    Price guidelines remain the same for each round.
    • A. 

      True

    • B. 

      False

  • 8. 
    The low tech market segment is growing at twice the rate as the high tech market segment  
    • A. 

      True

    • B. 

      False

  • 9. 
    Cost of Goods Sold includes the cost of direct labor and direct materials.
    • A. 

      True

    • B. 

      False

  • 10. 
    All companies in the sensor industry currently have a market share of 16%.  
    • A. 

      True

    • B. 

      False