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Length of Examination: 120 minutes
Language: English
Number of Questions: 60
Passing score: 70%
Type of Questions: Single and Multiple Choice.
The HBX CORe (Credential of Readiness) program is an online business fundamentals program designed by Harvard Business School. The program is aimed at individuals who are interested in gaining a comprehensive understanding of business concepts and practices. HBX CORe consists of three courses - Business Analytics, Economics for Managers, and Financial Accounting - that cover the basics of business analysis, accounting principles, and economic theory.
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The HBX CORe program and Final Examination provide students with a comprehensive understanding of business concepts and a valuable certification of completion from Harvard Business School. The program is flexible, accessible, and delivered entirely online, making it ideal for students with a wide range of backgrounds and experience levels. Passing the HBX CORe Final Examination is a significant achievement that can open up new opportunities for students and help them stand out in a crowded job market.
NEW QUESTION # 147
A manufacturing firm needs to maintain production and prevent delays due to raw material outages and quality Issues. Which of the following is the BEST course of action for this firm to take?
Answer: B
NEW QUESTION # 148
An automobile manufacturer learns that its supplier for brake parts cannot maintain a steady workforce of machinists. In this instance, it is likely that the manufacturer failed to examine which of the following during supplier performance evaluations?
Answer: D
NEW QUESTION # 149
A DVD manufacturer is considering shutting down its production facility and only selling its movies through digital downloads. The company has signed a contract to pay $3,000 a month for its production facility for the next three years. If the company continues to sell its movies as DVDs, it is projected to earn $8,500 in revenue and spend $3,500 in variable costs each month. Variable costs for the digital downloads are 0. Under what circumstances should the company switch to selling digital downloads?
Answer: C
NEW QUESTION # 150
An aerospace company has a long-standing partnering relationship with a supplier to develop a new technology. This technology gives the buying organization a competitive advantage. Which of the following BEST describes this type of supplier?
Answer: C
Explanation:
A supplier that collaborates closely to develop new technology and provides a competitive advantage is best described as:
* Approved: This generally refers to suppliers that meet basic qualification criteria.
* Strategic: This term denotes a supplier with whom the company has a long-term partnership, often involving significant collaboration and integration, contributing to competitive advantages.
* Transactional: These suppliers are engaged for routine purchases without significant collaboration.
* Preferred: This status is higher than approved but does not necessarily imply a strategic partnership.
Given the context, the supplier is best described as strategic.
References:
* Supplier relationship management literature.
* Institute for Supply Management (ISM) guidelines on strategic partnerships.
NEW QUESTION # 151
A company reported the following information for 2013:
During 2013, the company purchased new inventory of $160,000. What amount should the company report as cost of goods sold on its 2013 income statement?
Answer: C
NEW QUESTION # 152
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