Reference no: EM132308609
1. How a company performs is not a measurement of success of a company’s strategy.
a. True
b. False
2. The performance test is meant to identify which of the following?
a. High customer retention
b. Strong stock valuations
c. Superior company performance
d. Below average financial performance
3. Temporary, short-term company success supports growth and secures a company’s future long term.
a. True
b. False
4.______________ over your rivals is the heart and soul of any strategy.
a. Strategic initiative
b. Value
c. Company performance
d. Competitive advantage
5. When evaluating a project to determine the break-even quantity, the advantage of a spreadsheet model is?
There are no advantages to spreadsheet modeling of break-even analysis.
The analyst can use Excel's "BREAKEVEN" function to perform the calculation
Users can't see the formulas used.
Calculations are always rounded to the nearest integer.
6. A manager has determined that a potential new product can be sold at a price of $50.00 each. The cost to produce the product is $35.00, but the equipment necessary for production must be leased for $100,000 per year. What is the break-even point?
25,000 units.
5,000 units.
10,000 units.
7,500 units.