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E2 Exam Dumps - CIMA Management Questions and Answers

Question # 24

Porter's Diamond model suggests that there are four factors which determine national competitive advantage.  The four are listed below. Which has the incorrect definition?

Options:

A.

Factor conditions: includes the availability of raw materials and suitable infrastructure.

B.

Firm strategy, structure and rivalry: if the home market is very competitive, a company is more likely to be world class.

C.

Demand conditions: the goods and services have to be demanded internationally.

D.

Related and supporting industries: these allow easy access to components and knowledge sharing.

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Question # 25

The purpose of PEST analysis is described by which of the following?

Options:

A.

To examine the competitive forces at work in the industry.

B.

To determine the strengths and weaknesses of the organisation.

C.

To assess the power of the internal stakeholders.

D.

To assess the threats and opportunities posed by the wider environmental forces.

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Question # 26

According to Hofstede (1990) a company that values tradition, education and training is said to have which of the following cultural dimensions?

Options:

A.

Collectivism

B.

Feminine orientation

C.

Long term orientation

D.

Low power distance

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Question # 27

The PRINCE2 project management methodology has consistent principles governing roles, plans, processes and risks. Which TWO of the following statements are correct?

Options:

A.

Team plans are mandatory within PRINCE2.

B.

A PRINCE2 organisation is a technical project team, assembled to achieve an unspecified objective.

C.

A project issue is any factor which could have an effect on the project (either detrimental or beneficial).

D.

One of the objectives of the process "Initiating a Project" is to define how the required product quality will be achieved.

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Question # 28

A manager of a finance department has been asked to take on additional work and has been advised to delegate some of his current jobs to his subordinates. He has a good relationship with his team and understands both their abiilty to contribute good ideas and that their level of cooperation will effect his success.

 

Which of the methods of delegation below is likely to be the most successful for him?

 

Options:

A.

Consultation

B.

Explanation

C.

Custom and Practice

D.

Abdication

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Question # 29

Which of the following options contains the four criteria of a unique resource identified by Barney (1991) ?

Options:

A.

Valuable, Extendable, Rare, Substitutable

B.

Unsubstitutable, Valuable, Imperfectly Imitable, Rare

C.

Extendable, Substitutable, Imperfectly Imitable, Valuable

D.

Rare, Substitutable, Imperfectly Imitable, Valuable

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Question # 30

Japanese team working based on the Japanese production model, and widely copied around the world, possesses which THREE of the following characteristics?

Options:

A.

Assignment of tasks to work units rather than individual workers.

B.

Established to solve non-conventional problems.

C.

Composed of multiskiiled workers.

D.

Normally temporary and depend on the demands of new projects.

E.

Supervisors' roles seen as models for workers and act as a buffer between labour and management.

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Question # 31

Meredith Belbin carried out some notable research which concluded that successful teams need a good balance of complementary roles and personalities. His work concluded with the definition of nine distinctive roles that people adopt when working together in a team.

Applying this research, place the correct designated Belbin role label against the relevant personal characteristics.

Options:

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Question # 32

FR Company is undertaking analysis of its competitors. One part of its analysis will investigate its supplier whose products satisfy the same customer needs, but are technically quite different. Which of the following levels of competitors does this relate to?

Options:

A.

Generic competitors

B.

Industry competitors

C.

Form competitors

D.

Brand competitors

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Question # 33

An employee of a company has been asked to explain the difference between a Grievance and Disciplinary Action. The employee knows the definitions of both and, whilst they have two examples of actions which would result in Disciplinary Action, they can only think of one circumstance which may result in a Grievance, and this is Discrimination.

 

Which of the following could the employee use as an additional example of a Grievance? 

Options:

A.

The employee is regularly absent.

B.

The employee feels that they have not been considered for promotion because of their age.

C.

The employee entered a restricted area.

D.

The employee feels that they have been given an unfair appraisal.

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Exam Code: E2
Exam Name: Project and Relationship Management
Last Update: Feb 22, 2025
Questions: 210
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