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CIMA E1 - Managing Finance in a Digital World

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Total 336 questions

Which of the following is NOT an advantage of remote working for an organisation?

A.

Increased employee motivation

B.

Increased employee commitment

C.

Increased co-ordination of employees

D.

Reduced absenteeism of employees

It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?

A.

Customer satisfaction

B.

Enhancement of internal processes

C.

Financial

D.

Learning and growth

The Sales Manager has called his usual monthly meeting with his sales team and presented the monthly sales budget broken down into weekly targets for each member of the team. What type of planning is this?

A.

Tactical

B.

Strategic

C.

Operational

D.

Intermittent

M is employed by an organisation that operates a chain of high street coffee shops. She has made a decision to purchase a failing cake shop in order to take it over and expand the presence of the organisation in the local area. According to Mintzberg, which part of the organisation does M belong to?

A.

Strategic apex

B.

Techno-structure

C.

Middle line

D.

Operating core

XY Company is a manufacturing company making a variety of products for sale in different markets. Which of the following is the most likely organisational structure that such a company will adopt?

A.

Divisional structure

B.

Entrepreneurial structure

C.

Functional structure

D.

Matrix structure

Which one of the following is NOT part of the role of Human Resource Management?

A.

Being concerned with operational and strategic people issues.

B.

Regarding the line manager's role as transactional with an emphasis on negotiation.

C.

Recognising employees are motivated by consent and involvement.

D.

Viewing employees as assets of the organisation.

Which of the following best describes the concept of corporate digital responsibility?

A.

It is a voluntary commitment by organisations to go beyond compliance with technology and data legislation.

B.

It is legislation which details principles about data such as only using it in a fair, lawful and transparent way.

C.

It is the idea that organisations should be sensitive to all digital stakeholders.

D.

It is a set of best practice guidelines that adhere to the spirit of the law in digital matters.

General Data Protection Regulation (GDPR) legislation in the EU attempts to ensure that organisations follow certain principles.

Which of the following is contained in these principles?

A.

Data must be accurate, and where required, kept up-to-date

B.

Data can be kept for longer than necessary so long as it is secure.

C.

Data must be used lawfully but transparency is not required

D.

Data that is adequate and relevant can be used in any way

Which THREE of the following features are likely to indicate that an organisation is following the marketing concept as a business philosophy?

A.

Market research

B.

Marketing as a management process

C.

Customer satisfaction surveys

D.

Competitive pricing policies

E.

Production cost controls and regular process reviews

F.

Imaginative promotional campaigns

The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

A.

Computer-aided design processes

B.

Accurate systems of inventory management

C.

Safe transfer of funds electronically

D.

Remote on-line meetings

E.

Electronic information sharing

F.

Efficient broadband connections