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CIMA Operational E1 Updated Exam

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Question 92

Which THREE of the following suggest an independent approach to organisational purchasing according to Reck and Long?

Options:

A.

Growing awareness of the financial importance of purchasing.

B.

Skills in negotiating the best price with suppliers.

C.

A move away from reactive to more professional approaches.

D.

Involvement in strategic planning.

E.

Treating suppliers as partners.

F.

Efficient responses to requests for supplies from departments.

Question 93

Karl runs a factory. He wants his employs to feel that their role in the company has meaning.

Which of the following would help to make his employees feel this way?

Options:

A.

Ensure that all employees have a variety of jobs to do.

B.

Ensure each task has a clear identity, with it being made clear how that task fits into the overall operation.

C.

Ensure each task is significant in some way.

D.

Ensure each employee has a degree of independence and flexibility.

E.

Ensure employees can see the results of their work.

Question 94

A boiler repair business uses an expert system in the form of a fault diagnostic system. What benefits does this give to the business?

Select ALL that apply.

Options:

A.

The business is less reliant on the senior technician for solving problems.

B.

Junior technicians are able to identify faults without a detailed knowledge.

C.

Faults are diagnosed quicker so customer service is improved.

D.

The business saves money by needing less senior mechanics and repairing boilers quicker.

E.

The system generates customer invoices quickly.

F.

The system can be used for other purposes such as staff rotas.

Question 95

Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

Options:

A.

Matrix

B.

Functional

C.

Divisional

D.

Geographical

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Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Nov 21, 2024
Questions: 336
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