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Free CIMA E1 Practice Exam with Questions & Answers | Set: 10

Questions 91

Which TWO of the following statements are NOT aims of a reward system?

Options:
A.

To ensure consistency and fairness

B.

To comply with legislation

C.

To control costs

D.

To reward poor performance

E.

To encourage excessive risk taking

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Questions 92

You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

Options:
A.

In-tray exercises

B.

A speech

C.

Self-appraisal

D.

A presentation

Questions 93

Company Y is very bureaucratic. The managers attend high numbers of planning meetings and the employees often complain of being micro-managed. According to Hofstede, which dimension is being described within the culture of Company Y?

Options:
A.

Uncertainty avoidance

B.

Power distance

C.

Long-term orientation

D.

Masculinity

Questions 94

Mitch owns a small furniture business, which he is keen to grow.

Which of the following would MOST benefit the growth of Mitch's business:

Options:
A.

Forming an alliance with a local supplier.

B.

Becoming a shamrock organisation.

C.

Becoming a network organisation.

D.

Outsourcing all complementary and residual competencies.

E.

Reducing the price of all products by a third.

Questions 95

Which of the following are advantages of outsourcing finance? Select ALL that apply.

Options:
A.

Can help to keep costs down and improve quality.

B.

There is a known fee if agreed in advance.

C.

Allows the organisation's management to focus on its core operations and core issues.

D.

Increased control.

E.

Level of independence is increased.

F.

The external organisation/individual has an increased understanding of the outsourcing business.

G.

Increased confidentiality.

Questions 96

Cloud computing is a growing IT strategy In which THREE of the following situations would this be a sensible IT strategy?

Options:
A.

Unreliable internet access

B.

High impact if data is lost

C.

Need to reduce up front costs

D.

High in-house IT skills

E.

Frequent software changes

F.

Bespoke software

Questions 97

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

Options:
A.

Functional

B.

Matrix

C.

Project based

D.

Multi-divisional

Questions 98

Company E is renewing the IS within the organisation. This new system will enable all employees to access customer information, orders and credit control status to overcome the lack of integration between departments suffered with the previous system. Managers envisage some resistance to the change and want to try to make the transition as smooth as possible. To achieve this, all employees have been invited to share their ideas of what features the new system should include and how they would like the final interface to work. Which of Kotter, Schlesinger and Sache's methods of dealing with resistance is described above?

Options:
A.

Facilitation

B.

Participation

C.

Negotiation

D.

Education

Questions 99

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?

Options:
A.

Customer satisfaction

B.

Enhancement of internal processes

C.

Financial

D.

Learning and growth

Questions 100

The Finance Director has been asked to produce a cost saving plan for the organisation which is to come into effect immediately. His initial suggestion to enable quick savings is to cut the staff development and training budget by 50%. Before he publishes the plan he has asked you to review it and let him know what the effect of this may be in the short term.

 

Select ALL that apply. 

Options:
A.

Key staff may leave

B.

Staff skill levels may reduce

C.

There may be a  loss of competitive advantage

D.

Profit will increase

E.

Recruitment may be more difficult

F.

Staff motivation may reduce