Pass the CIMA CIMA Management E2 Questions and answers with CertsForce

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Viewing questions 11-20 out of questions
Questions # 11:

Which THREE of the following are benefits of having strong discipline and grievance procedures in place?

Options:

A.

Cost savings due to legal costs being avoided.


B.

Staff have higher morale and are more motivated.


C.

Any staff who don't perform as required can be dismissed without risk of legal action.


D.

Company meets its legal requirements.


Expert Solution
Questions # 12:

A company has used the Boston Consulting Group (BCG) matrix to plot the position of its products according to their relative market share and the growth of the market.

 

It has identified that it has several products under the heading of star.

 

Which of the following best describes its likely cash position? 

Options:

A.

Cash rich


B.

Cash neutral


C.

Cash negative


D.

This model doesn't consider the cash position


Expert Solution
Questions # 13:

Which of the following are examples of problems associated with group working?

 

(i) The Abilene paradox

(ii) Synergy

(iii) Risky Shift

(iv) Groupthink

(v) Conformity

Options:

A.

All of the above


B.

(i), (iii), (iv) and (v)


C.

(i), (ii), (iii) and (iv)


D.

(ii), (iii), (iv) and (v)


Expert Solution
Questions # 14:

Harvey Maylor created a project life cycle model based on four discrete and sequential stages. This is known as the 4D model. One of the stages involves the following activities:

 

- Documentation must be completed. Contracts, letters, accounting records etc. must be filed properly.

- Project systems must be closed down, including accounting systems - only after all costs have been settled.

- Handover to the client/end users must take place, and where appropriate obtain sign-off to signify that the contract is complete.

- Review the project to provide project staff with immediate feedback on performance.

 

To which stage of the 4D model do these activities apply?

Options:

A.

Define the project


B.

Design the project


C.

Deliver the project


D.

Develop the process


Expert Solution
Questions # 15:

The manager of Company A has decided to upgrade the IT systems in 18 months time. Although the employees understand the need and benefits from the change there is still some resistance from fear of the unknown and a question mark over the security of their jobs.

 

Which TWO of the methods below for dealing with change are most appropriate under these circumstances?

Options:

A.

Coercion


B.

Education and communication


C.

Facilitation and support


D.

Participation


Expert Solution
Questions # 16:

After undertaking competitive analysis, a company has assembled the information and is now in a position to benchmark its performance against that of its competitor. A manager has been asked to carry out strategic benchmarking, but he is unsure of what information he should use.

 

Which TWO of the options below could be used to undertake Strategic Benchmarking?

Options:

A.

% Market Share


B.

% return on Non Current Assets


C.

% late deliveries


D.

% sales returns


Expert Solution
Questions # 17:

A business manufacturing running trainers is considering exporting to a fast growing Asian market. Using Porter's Five Forces, which of the following statements is most likely to be incorrect?

Options:

A.

Supplier power is likely to be high


B.

Competitive rivalry is likely to be high


C.

New entrants are likely to be low


D.

Substitutes are likely to be high


Expert Solution
Questions # 18:

Which of the following statements relate to Handy's role culture?

Select ALL that apply.

Options:

A.

People act in accordance with rules and requires of their position.


B.

There is a formal structure with clear responsibilities for each individual.


C.

Individuals operate independently.


D.

Organisations exist to satisfy the requirements of the individual.


E.

There are few procedures or rules.


Expert Solution
Questions # 19:

Which of the following best describes a shared service centre (SSC)?

Options:

A.

A shared service centre is when a contract is initiated with a third party to provide part or all of a business process or function.


B.

A shared service centre refers to the provision of a service by one part of an organisation where that service has previously been found in more than one part of the organisation.


C.

A shared service centre is when a dedicated finance function is set up within each business area.


D.

A shared service centre is when an organisation requires expertise and support of a team with a variety of skills.


Expert Solution
Questions # 20:

Michael Porter identified four determinants of national competitive advantage, one of which is Factor conditions.

 

A company has the following 4 factor conditions. According to Porter, which will give the company a sustainable competetive advantage? 

Options:

A.

Unskilled labour


B.

Raw materials


C.

R & D experience


D.

Initial capital availability


Expert Solution
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