E-PolyLearning

1. In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include
a. cost leadership
b. demand inelasticity
c. differentiated products
d. both a and c
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Answer: (d).both a and c

2. Considering two fiscal years 2013 and 2014, the actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be
a. $70,000
b. $75,000
c. $65,000
d. $73,000
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Answer: (b).$75,000

3. The balanced scorecard perspective measures company's success in targeted segments of customers, this perspective can also be classified as
a. internal business process perspective
b. customer perspective
c. learning perspective
d. financial perspective
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Answer: (b).customer perspective

4. An amount of available capacity other than employed capacity, to meet the customer's demand, is classified as
a. targeted capacity
b. budgeted capacity
c. recovery capacity
d. unused capacity
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Answer: (d).unused capacity

5. In operating income strategic analysis, the strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year, can be classified as
a. internal process component
b. growth component
c. price recovery component
d. productivity component
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Answer: (d).productivity component

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