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?
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?
YKF is a manufacturer of candles with world-wide operations.
The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.
The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device
What technology has YKF adopted to make its accounting software more flexible?
Clear career promotion and progression ladders are most obvious under which type of organisational structure?
AB Company has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?
The following statements are from which section of the UK Combined Code?
1:The board should disclose a balanced and understandable assessment of the company's position and prospects in the financial reports.
2:The board should maintain an appropriate relationship with the company's external auditor.
The secondary objectives of a not-for-profit organisation are economy, efficiency and effectiveness.
Which of the following gives the correct description of each of these?
A
Economy: Controlling costs.
Efficiency: Achieving objectives at minimum cost
Effectiveness A measure of achievement by reference to objectives
B
Economy Achieving objectives at minimum cost
Efficiency: A measure of achievement by reference to objectives
Effectiveness Controlling costs.
C
Economy: Controlling costs.
Efficiency: A measure of achievement by reference to objectives.
Effectiveness: Achieving objectives at minimum cost.
D
Economy: Achieving objectives at minimum cost.
Efficiency: Controlling costs.
Effectiveness A measure of achievement by reference to objectives
Which of the following would be a useful KPI to highlight increasing recruitment costs?
Cyber and physical systems becoming increasingly autonomous is part of which characteristic of the 4th industrial revolution?
Which of the following best outlines the shift to higher level' skills anticipated to be fundamental to future accountants'?
TESTED 05 Feb 2025
