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Preparation Guide for HBX CORe Certification
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HBX CORe was originally created as an overview for candidates enrolled in HBS for their full-time MBA program. Expensive, regardless of price, it was touted as a boot camp for students whose academic record did not prepare them for corporate training and learning, as well as for those who would surely depend on how quickly they did it, for what they won. Do not be confused with the substantial MBA program. An essential element of HBX CORe is the high level of interactivity that it introduces in online exploration. Each 5-minute video clip that enriches the training program is supported by an instructor who includes arbitrary students to address concerns by mimicking a class Students can create additional profiles, ask questions, and even respond to individual problems in online chat forums. At the end of the 11 weeks, students take a 3-hour computerized test at a designated testing center and are awarded one of the adherent qualities: success, success, dependability, and distinction. As a Harvard-designed program, HBX CORe Dumps provides the confidence to prepare you for business fundamentals. By the end of the absolutely extreme 11 weeks, you will be reasonably used to the solution language and will certainly be able to connect with your peers and many other professionals even on (almost) fair terms.
Because the training course uses the Harvard Situational Research Study Method to find out, it offers prospective non-MBA clients an option for HBS’s functional and effective training method. It may not be a traditional HBS show, but HBX CORe carries the label “Harvard” despite being prone, so for many, it is also a sufficient factor to join. Those who have signed up for the insurance program say it includes video clips of business professionals, making it truly relevant. In addition, the interactive system is pleasant and guarantees the safety of the students. Also, here are the important points regarding HBX certification. You don’t have an MBA level yet, unlike platforms like Coursera, you can include it when you return. If you can get it with “thank you” or “congratulations,” that’s wonderful!
NEW QUESTION 129
A restaurant that sells hamburgers is considering lowering prices to gain market share. The restaurant pays $3,000 a month for the building it occupies, and ingredients and labor cost $2.50 per hamburger. If the restaurant expects to sell 2,000 hamburgers a month, what is the minimum price it could charge?
- A. $2.50
- B. $4.00
- C. $3.50
- D. $3.00
Answer: B
NEW QUESTION 130
When a company declares and pays dividends to its shareholders, which of the following options is affected?
- A. Current ratio
- B. Gross profit margin
- C. Accounts receivable turnover
- D. Interest coverage ratio
Answer: A
NEW QUESTION 131
Exhibit: Based on the histogram below of 28 nations' performances in the Winter Olympic games, in which bin would the median be located?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 132
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?
- A. If each digital download would earn more profits than each DVD sale
- B. If the projected revenue from the digital downloads is more than $2,000 per month
- C. If the demand for movies is expected to decrease in the future
- D. If the projected revenue from the digital downloads is more than $5,000 per month
Answer: D
NEW QUESTION 133
A company bought a piece of land in 2012 for $200,000. In 2013, the piece of land temporarily reduced in value to $150,000 but then appreciated in value to $220,000. How would the company report this piece of land on its balance sheet for 2013?
- A. $185,000
- B. $150,000
- C. $200,000
- D. $220,000
Answer: C
NEW QUESTION 134
A 95% confidence interval for a sample of data is as follows: Sample Mean: 90.5 Upper Bound: 98 Lower Bound: 83
Given this data, the tester is 95% confident that:
- A. all of the observations will fall between 83 and 98.
- B. the sample mean of 90.5 equals the true population mean.
- C. the sample mean falls between 83 and 98.
- D. the true population mean falls between 83 and 98.
Answer: D
NEW QUESTION 135
After a major storm cuts off power to a large city, the local government passes an anti-gouging law to prevent a surge in the price for gasoline. After the law is in place, government officials learn that a side market for gasoline has developed, in which suppliers are procuring gasoline from surrounding areas and charging more than the legal price. Should the government shut down the side market?
- A. Yes; otherwise the existence of the side market will result in an increase in the legal price of gasoline.
- B. Yes; shutting down the side market will signal to the market that gasoline suppliers should sell more gasoline at the legal price.
- C. No; the shortage of gasoline would become more severe if the government shut down the side market.
- D. No; by ignoring this side market, the government will be able to collect significant tax revenue.
Answer: C
NEW QUESTION 136
The media discovers that an automobile manufacturer has been secretly polluting the rivers near its plants. After this discovery, the government imposes a punitive fee on the company, and a group of consumers begins to boycott the manufacturer. What will be the total effect of these simultaneous events?
- A. The equilibrium price of cars from this manufacturer will increase.
- B. The equilibrium quantity of cars purchased from this manufacturer will decrease.
- C. The equilibrium price of cars from this manufacturer will decrease.
- D. The change in equilibrium quantity of cars purchased from this manufacturer cannot be determined.
Answer: B
NEW QUESTION 137
After a small country begins permitting the import of automobiles, a foreign automobile manufacturer begins shipping cars to the country. This manufacturer can produce cars much more cheaply than the only manufacturer located in the country and therefore enjoys significant profits. What will erode the profits for the foreign manufacturer?
- A. Other foreign manufacturers will also begin shipping cars to the country.
- B. The foreign manufacturer will build a plant inside the country.
- C. Demand for cars in other countries will also increase.
- D. The foreign manufacturer's per-unit costs will increase as its output increases.
Answer: A
NEW QUESTION 138
A new technological improvement is invented for the production of coffee. At the same time, the price of tea (a substitute for coffee) decreases, and the price of sugar (a complement to both coffee and tea) increases. What is the known result for the new equilibrium for coffee?
- A. Price decreases
- B. Quantity and price both increase
- C. Price increases
- D. Quantity and price both decrease
Answer: A
NEW QUESTION 139
Company A is a large passenger airline. As part of their annual internal budget process they do a sensitivity analysis of their revenue forecast over their existing routes and schedules. The analysis evaluates the impact of a three percent decline in passenger revenue compared to a three percent increase. Which of the following expenses would show the largest change in the analysis?
- A. Depreciation and amortization expense
- B. Aircraft maintenance expense
- C. Salary expenses for flight crew
- D. Income tax expense
Answer: D
NEW QUESTION 140
Many people argue that giving patents for medicines is unfair, because it prevents many people from accessing the products they need to live a healthy life. Why do governments allow patents for medicines?
- A. Patents help promote innovation through easier recovery of fixed costs.
- B. Governments hope to earn tax revenues on monopoly profits.
- C. Patents protect consumers from counterfeit medicines.
- D. Patents increase consumers' willingness to pay for medicines.
Answer: A
NEW QUESTION 141
If an analyst looks at a start-up's statement of cash flows for the past three years, it is MOST likely that the analyst will find:
- A. a positive investing cash flow, because the start-up has just enough equipment to operate.
- B. a significant positive operating cash flow, because the start-up may achieve a large market share.
- C. a significant positive operating cash flow because of the effect of depreciation.
- D. a large positive financing cash flow, because the start-up has been funded by investors or other third parties.
Answer: D
NEW QUESTION 142
An individual has relocated to a new city for a job and is looking for an apartment. Apartments in this city tend to be low in price but are often in disrepair and lack extra amenities. For each new apartment that comes on the market, there are dozens of people who wish to rent it. What could explain these conditions?
- A. Landlords are maximizing profits.
- B. There is a price ceiling on apartment rental prices.
- C. The city has become popular and more people are moving there.
- D. The city is experiencing an economic recession.
Answer: B
NEW QUESTION 143
A project has an initial cost of $18,000. The estimated net cash flows of the project are as follows:
What is the project's payback period?
- A. 3.5 years
- B. 3.75 years
- C. 4.0 years
- D. 3.0 years
Answer: A
NEW QUESTION 144
A mutual fund manager believes that a new research method will provide better returns for clients. The manager's historical monthly return prior to the new research method was 0.46%. After the manager began using the new method the monthly return was 0.57%. After running a hypothesis test, the manager saw that the one sided p-value was 0.029. Assuming a 95% confidence level, which of the conclusions below would be correct?
- A. Reject the null hypothesis and begin using the old method.
- B. Reject the null hypothesis and continue using the new method.
- C. Do not reject the null hypothesis and continue using the new method.
- D. Do not reject the null hypothesis and begin using the old method.
Answer: B
NEW QUESTION 145
A company provided the following information on its financial statements for 2013: What is the company's accounts receivable turnover ratio for 2013?
- A. 2.06
- B. 2.88
- C. 2.40
- D. 3.36
Answer: B
NEW QUESTION 146
Company B recorded a transaction with a debit of $10,000 to deferred revenue and a credit of $10,000 to revenue. Which of the following situations BEST describes the transaction that would lead to this journal entry?
- A. Company B sold a product for $10,000.
- B. Company B collected $10,000 for a product that had not been delivered.
- C. Company B received an order for a product at the price of $10,000.
- D. Company B delivered a product for which $10,000 had already been paid.
Answer: D
NEW QUESTION 147
A student is deciding whether to attend a two-year graduate school program. The tuition is $12,500 per year and the cost of books and supplies is an additional $1,000 per year. The studentcould work instead of going to graduate school and earn $50,000 per year. What is the economic cost of attending graduate school for the student?
- A. $127,000
- B. $73,000
- C. $27,000
- D. $63,500
Answer: A
NEW QUESTION 148
Which of the following options is an example of an implicit transaction?
- A. An invoice for an item of plant equipment that was just purchased
- B. A sales order from a customer for a product to be shipped in two weeks
- C. A depreciation expense for an asset placed in service eight months ago
- D. An invoice for services provided by the pension fund administrator
Answer: C
NEW QUESTION 149
A student wants to analyze the relationship between the percentage of the population in a given city with some college experience and the newspaper circulation in that city. College experience is defined as the percentage of adults in the city that have completed high school and taken some classes at the college level. The appropriate data were collected and a regression analysis was performed, the results of which are displayed below.
Assuming a 5% significance level, what can be said about the relationship between newspaper circulation and the percent of the population with some college experience?
- A. The student should reject the null hypothesis: there is not enough evidence to conclude that there is a significant relationship between the percent of the population with some college experience and newspaper circulation.
- B. The student should reject the null hypothesis: there is enough evidence to conclude that there is a significant relationship between the percent of the population with some college experience and newspaper circulation.
- C. The student should not reject the null hypothesis: there is enough evidence to conclude that there is a significant relationship between the percent of the population with some college experience and newspaper circulation.
- D. The student should not reject the null hypothesis: there is not enough evidence to conclude that there is a significant relationship between the percent of the population with some college experience and newspaper circulation.
Answer: D
NEW QUESTION 150
A hurricane has recently destroyed a major oil supplier's oil rig located in the Gulf of Mexico. If price elasticity of demand for oil is 0, what effect would the hurricane have on the short-term market for oil?
- A. New producers would enter the market to provide the oil that was lost.
- B. The oil producer would be willing to supply less oil at any price.
- C. Other oil producers would decrease their prices.
- D. Consumers would reduce their oil consumption.
Answer: B
NEW QUESTION 151
An individual has recently inherited an antique car and decides to sell it via an auction. When the seller brings the car to an auctioning service, the auctioneer asks if it should be sold via an English (open outcry) auction, a Vickrey (sealed second-price) auction, or a sealed first-price auction. Which type of auction will result in the highest sale price?
- A. An English auction
- B. All three auctions types result in the same sale price
- C. A Vickrey or an English auction, both of which will result in the same sale price
- D. A sealed first-price auction
Answer: B
NEW QUESTION 152
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