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Glo Bus
Course: Business Policy (BPL 5100)
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University: Baruch College CUNY
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Quiz 1 Answers - P1
QUIZ 1
1. A camera-maker's price competitiveness in a particular geographic region is determined by
- whether the average wholesale price it camera retailers for its camera models is within $20 of
the regional average wholesale price; all companies with average wholesale prices within $20
of the regional average wholesale price are considered to be price competitive. All other
companies are considered to be charging average wholesale prices that are NOT price
competitive.
-whether the average wholesale price for its camera models is within 10% of the lowest-priced
camera brand in the region: a company becomes progressively less price competitive the
greater its average wholesale price is more than 10% above the company with the lowest
average wholesale price.
-how favorably the average wholesale price it is charging camera retailers for its models
compares to the lowest average wholesale price being charged by a rival camera-maker in
that same geographic region.
-how much its average wholesale price to camera retailers in the region is above or
below the regional average wholesale price.
-whether the average wholesale price it is charging camera retailers for its models is at least
10% below the highest-priced camera brand in the region: all companies whose average
wholesale price is more than 10% below the highest-priced camera brand in the region are
considered to be price competitive .
2. Which of the following does NOT accurately describe your company's camera/drone business
and operations?
-The company has two buildings for assembling products at its Taiwan site--one for cameras
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