Pass the CIMA CIMA Operational E1 Questions and answers with CertsForce

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Viewing questions 71-80 out of questions
Questions # 71:

Which of the following is an advantage of outsourcing?

Options:

A.

Cost savings may be made


B.

Core competence may be strengthened


C.

Data confidentiality is stengthened


D.

Continuity is guaranteed


Expert Solution
Questions # 72:

The Finance Manager of HLL Company, a large energy provider, has organised a finance function staff meeting to discuss the potential use of big data systems.

The main point on the meeting agenda is whether the business has the available resources to store and manage the data that will be available and whether it has the financial resources to upgrade the information technology systems.

Which of the following features of big data will these discussions most likely involve?

Options:

A.

Volume


B.

Variety


C.

Veracity


D.

Velocity


Expert Solution
Questions # 73:

Tom owns a guitar shop, called Jones's Guitars. In attempt to drum up business, he's decided to launch a guerilla marketing campaign.

Which of the following is the correct example of Tom using guerilla marketing?

Options:

A.

Placing an empty guitar rack outside his shop with a sign saying, "Free air guitar - one per person."


B.

Encouraging customers to try one of the store's brand new guitars.


C.

Launching a social media campaign called #GetDownTo]ones's


D.

Encouraging all his staff to try to build a rapport with the customers.


E.

Spending a lot of money on decorating the shop and playing the most famous guitar-based songs.


Expert Solution
Questions # 74:

An entity has several subsidiaries including F, which has an urgent staffing issue. The Financial Controller of F is due to start her maternity leave in 3 weeks time and there is currently a recruitment freeze in place to curtail employment costs. Human Resources needs to resolve the issue of covering the Financial Controller's position on a temporary basis. Which TWO of the options below will be suitable in these circumstances?

Options:

A.

Internal promotion


B.

Secondment


C.

Job enlargement


D.

Job rotation


E.

Early retirement


Expert Solution
Questions # 75:

Which type of organisation is owned by its customers, strictly speaking is a not-for-profit organisation and is in the private sector?

Options:

A.

Sole trader


B.

Partnership


C.

Charity


D.

Mutual organisation


Expert Solution
Questions # 76:

When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?

Options:

A.

Statement of cash flows


B.

Statement of the number accidents occurring


C.

Statement of risks facing the organisation


D.

Statement of financial position


E.

Statement of remuneration of all employees


Expert Solution
Questions # 77:

Company M has been dealing with Supplier Q for many years. The Procurement Department has a very professional relationship with the supplier and it has recently started using electronic data interchange to place orders directly and on a much more frequent basis to assist production. A large part of the interaction with the supplier is now around price negotiation. According to Reck and Long's strategic positioning tool, which stage is Company M at with Supplier Q?

Options:

A.

Independent stage


B.

Passive stage


C.

Supportive stage


D.

Integrative stage


Expert Solution
Questions # 78:

Clear career progression is an advantage of which type of organisational structure? 

Options:

A.

Functional


B.

Matrix


C.

Project based


D.

Multi-divisional


Expert Solution
Questions # 79:

JKL is a rapidly growing supermarket chain and is considering merging with a smaller competitor to continue its expansion plans

T works within the finance department and is assisting in the decision making process by preparing summary reports concerning the merger.

What level of decision making is T supporting?

Options:

A.

Tactical


B.

Transactional


C.

Operational


D.

Strategic


Expert Solution
Questions # 80:

TTT plc has recently been responsible for a major environmental accident. As a result the management of the company wishes to set up a large fund to compensate stakeholders affected. The company has a significant number of institutional shareholders which own a large share of the company, as well as many individual investors. 

 

The management is considering Mendelow's Matrix to determine the likely movement of the institutional shareholders during the change in strategy. What is the institutional shareholders' likely movement according to Mendelow?

Options:

A.

From 'Keep informed' to 'Keep satisfied'


B.

From 'Minimal effort' to 'Keep informed'


C.

From 'Keep satisfied' to 'Key players'


D.

From 'Keep satisfied' to 'Keep informed'


Expert Solution
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