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CIMA E1 - Managing Finance in a Digital World

Page: 4 / 10
Total 336 questions

The structure of an organisation is likely to change as the organisation develops and grows. Which type of structure is associated with an organisation which is in its early days?

A.

Entrepreneurial

B.

Functional

C.

Divisional

D.

Matrix

An effective Corporate Social Responsibility (CSR) strategy can offer which of the following benefits to an organisation.

 

Select ALL that apply.

A.

Differentiation

B.

Strong brand

C.

Lower production costs

D.

Lower administration costs

E.

Lower salary costs

F.

Lower expectations of society

Which of the following would be a useful KPI to highlight increasing recruitment costs?

A.

Ratio of employee costs to turnover

B.

Reportable health and safety incidents.

C.

Training spend per employee.

D.

Employee retention rate.

Porter's Value Chain was developed to determine whether a firm's activities contribute towards it's competitive advantage. E is the new Chief Executive of an organisation which manufactures and distributes hand made wooden furniture. His initial observations are that sometimes the workflow through the organisation can be a little disjointed and it is unclear from overall results which areas contribute to profit and quality and which do not. Using Porter's Value Chain model, identify which THREE of the options below are Primary activities.

A.

Inbound logistics

B.

Marketing and sales

C.

Operations

D.

Human resource management

E.

Technology

F.

Procurement

Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?

A.

Functional

B.

Extended supply chain

C.

Inter-organisation

D.

Matrix-structure organisation

An employee feels forced to resign due to their employer allowing them to be bullied. Which type of dismissal is this an example of?

A.

Constructive

B.

Unfair

C.

Wrongful

D.

Arbitrary

132b039e-24c5-4309-a196-3cc86243b4c6: The marketing environment includes at a macro level:

L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.

What type of pricing will be appropriate for their holidays?

A.

Price discrimination

B.

Skim pricing

C.

Penetration pricing

D.

Loss leader pricing

More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?

A.

Early supplier involvement

B.

In-house resolution of design problems

C.

Computer systems linked to customers

D.

Price and inventory co-ordination

E.

Supplier representative on site

There are many stakeholders who have an interest in an organisation.

Which TWO of the following are connected stakeholders?

A.

Shareholder

B.

Customer

C.

Government

D.

Trade union

E.

Employee