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Created by Harvard Business School staff to bring the dynamism of the HBS class on the web, CORe drenches you in a progression of multimedia contextual evaluations. You will venture right into the part of a business chief and also learn ideas with regards to genuine organization problems successfully moving you to assume and respond swiftly. while giving your strategies to specific students from all throughout the earth. You will certainly leave CORe with one more viewpoint on the world as well as exactly how companies work.

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HBX CORe Final Examination Sample Questions (Q50-Q55):

NEW QUESTION # 50
The assets of Company A at the end of their fiscal year are shown on the following common-size table.

Company A is MOST likely to be which of the following types of business?

• A. Commercial bank
• B. Car dealership
• C. Law firm
• D. Brewery

Answer: D
NEW QUESTION # 51
A government is considering issuing a fixed number of permits allowing firms to pollute. When would this system fail to reduce pollution?

• A. When the system is applied to all industries
• B. During an economic expansion
• C. If the government issued too many pollution permits
• D. When the price for a unit of pollution is too high

Answer: C
NEW QUESTION # 52
A company believes a "low-cost" strategy would help increase revenues. The company lowers the price of its product but actually sees a decrease in revenues. What information could explain this result?

• A. The company's product is not perceived as a necessity.
• B. The company failed to cut costs significantly.
• C. The market is in an economic boom.
• D. The demand for the product is relatively inelastic.

Answer: D
NEW QUESTION # 53
Two years ago, the purchasing manager at a company spent $25,000 on a new machine that would improve production efficiency at the company. The manufacturers of the machine release an updated model that costs $35,000 and that promises to further improve production efficiency. Under what conditions should the purchasing manager upgrade to the new model?

• A. If the savings from the additional efficiency improvements are large enough to offset the $35,000 cost of the new machine
• B. If the savings from the additional efficiency improvements are large enough to offset the $10,000 difference in price between the machines
• C. If the efficiency improvements from the old machine did not result in enough savings to offset the $25,000 purchase price
• D. If the savings from the additional efficiency improvements are large enough to offset the $60,000 spent on machines

Answer: A
NEW QUESTION # 54
The owner of a small bakery is interested in forecasting the bakery's total sales for a certain date. The owner believes that sales on a given day are influenced by the day's highest temperature (in degrees F) and whether the day falls on a weekend (Saturday or Sunday). A random sample of 60 days is taken from November 2013 to May 2014; the regression results are given below. If the high temperature for tomorrow, a Thursday, is forecasted to be 60 degrees F, what does the model predict the total sales will be?

Note that the weekend dummy variable takes a value of one for Saturday and Sunday and zero otherwise.

• A. $2,042.13
• B. $1,571.27
• C. $500.41
• D. $1,271.27

Answer: D
NEW QUESTION # 55
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