Assurance of Learning Assessment Examination

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Assurance of Learning Assessment Examination
Fall Semester 2012
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• Comp-XM Exam Overview
• Each student becomes the CEO of their own
  Andrews Company.
• Students individually compete against three
  computer teams.
• Students take over a unique, dominant company
  with significant weaknesses.

Comp-XM Exam Preface As CEO of your company, the
Andrews Corporation, you will make four sets of
decisions. Your competition, Baldwin, Chester
and Digby, are run by computer teams. All
participants go up against a standard set of
competitors, but each scenario is structured
differently. As with your current simulation,
the quality of your decisions directly affects
the position of your company. Your individual
simulation performance is evaluated using the
Balanced Scorecard.
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• Introduction
• The Comp-XM examination is an integrated
  assessment tool.
• An extension of the Foundation simulation that
  will allow students to individually
• demonstrate their business skills and acumen.
• There are two parts to the Comp-XM Examination
• 1) A business simulation (similar to the current
  simulation)
• 2) A series of quizzes/questions presented called
  Board Queries.
• There are four unique Market Segments
• Note Thrift and Core (similar to Low-Tech).
  Nano and Elite (similar to
  High-Tech).

Thrift Segment Buying Criteria
Core Segment Buying Criteria
Nano Segment Buying Criteria
Elite Segment Buying Criteria
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• The competitive landscape is not even
• Each company begins from a different starting
  point.
• Each company has four existing products.
• Students compete against 3 computer-managed
  companies.

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How is it graded? There are 2 grading
components.
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1 Balanced Scorecard (50)

• The Balanced Scorecard examines how well your
  company is managed.
• 4 Perspectives
• Finance
• Internal Business Process
• Customer
• Learning and Growth

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2 Board Queries (50)

• Exam questions (Queries) from the Board of
  Directors.
• 5 question sets (Number of questions each round
  may vary).
• Questions are unique to your particular
  environment.

Specific questions may cover

• Strategic Analysis
• Finance
• Marketing
• Accounting

• Operations
• Quality Initiatives
• HR TQM
• Situation Analysis

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Sample Question 1 of 3 Review/Analyze
the FastTrack to answer.
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Sample 2 of 3 How to answer this?
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• Sample 3 of 3 How to answer this?
• Question Value 15 Pts
• Your Competitive Intelligence team reports that
  a wave of product liability lawsuits is likely to
  cause Digby to pull the product Daft entirely off
  the market this year. Assume Digby scraps all
  capacity and inventory this round, completely
  writing off those assets and escrowing the
  proceeds to a settlement fund. Assume these
  lawsuits will have no effect on any other
  products of Digby or other companies.
• Question Without Digby's product Daft, how much
  can the industry currently produce in the Core
  segment? Consider only products primarily in the
  Core segment last year. Ignore current
  inventories. Figures are in thousands (000).
• Step 1 Per the Production Report (FT), find the
  products that exist in the Core Segment and the
  production capacity available for each of these
  products.
• Step 2 Combine all potential production for the
  Core segment.
• Note Be sure to consider that existing
  capacity can be used to produce double the
  amount of product (due to second shift
  potential).

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Prep Work
Round 1
Round 2
Round 3
Round 4
Final
Half an Hour

• Decision rounds take about 30-75 minutes per
  round.
• There are 4 decision rounds.

• There are 5 rounds of Board Queries.

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• Student registration, using the codes provided,
  is due Tuesday, 11/20 in lab.
• For Round 1, we will meet Thurs, November 29th,
  from 730-930 PM in Lab TBA.
• After round one, proceed at your own pace
  through the remainder of the exam.
• This is an individual exam. No consultation
  with fellow students is allowed.
• Any procedural questions can be addressed during
  office hours/via email.
• The exam due date is Monday, December 10th at
  100 PM (EST). No exceptions.
• Exam results will be distributed at our Dec 12th
  Capsim Summit in OLS TBA.