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A collection of questions and answers related to a business simulation game, likely used in a capstone course. It covers various aspects of business operations, including research and development, marketing, production, finance, and strategic decision-making. The document offers insights into key concepts and challenges faced in a simulated business environment, making it a valuable resource for students preparing for a capstone exam or seeking to deepen their understanding of business principles.
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Research and development - Answer Products are invented and revised by which department? Marketing Production Research and Development Finance
capstone courier - Answer What is the industry newsletter called? Capstone Courier Capstone Quarterly Capstone Messenger
wage increases - Answer Which of these investments is not a function of the Production department? Increasing Automation Wage Increases Creating new production lines
a b and c - Answer What are your company's options for raising money? Borrowing Long-term debt Borrowing Short-term debt Issuing Stock A and C only A, B and C
marketing - Answer Prices are set by the: Finance Department Marketing Department Production Department R&D Department
true - Answer The Proformas are interactive financial statements that will recalculate based on your decisions. True False
performance, low end, high end, size, traditional - Answer 5 distinct markets
match product to market, rank best product - Answer two stage buying decision
traditional - Answer age - price - position - quality
low end Answer position-age-quality-price high end Answer position-age-quality-price performance Answer quality-position-price-age size Answer position-age-quality-price marketing, finance, product research and development Answer 4 functional areas R and D cycle time factors Answer - automation level of production line
statement of cash flows, balance sheet, Income statement - Answer 3 financial statements
poor investing and financing decisions, negative cash flows result in emergency loan - Answer reasons for having bad cash flows