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CIMA Managing Finance in a Digital World Sample Questions:

1. Which THREE of the following features are likely to indicate that an organisation is following the marketing concept as a business philosophy?

A) Competitive pricing policies
B) Customer satisfaction surveys
C) Market research
D) Marketing as a management process
E) Production cost controls and regular process reviews
F) Imaginative promotional campaigns

2. Mr W wants to replace the family car. The cost of repair is becoming prohibitive so he has agreed with his wife to buy a new vehicle.
Put the tokens below in the correct order to demonstrate the stages in the buying process, according to Lancaster and Withey.

3. At his recent appraisal CD discussed his development needs with PQ, his line manager. In particular CD has said that he would like the opportunity to take on more responsibility. Which of the following job design techniques could PQ use to support CD's development?.

A) Job significance
B) Job enrichment
C) Job enlargement
D) Job rotation

4. At which stage of a systems development lifecycle is systems architecture considered?

A) Implementation
B) Feasibility
C) System review
D) Systems design

5. E's manager is concerned about bullying in the organisation and has asked E to report on the situation.
As a result, E has carried out the following work;
* Collected data of the numbers of complaints made
* Produced a bar chart based on incidences in different departments
* Interviewed a sample of employees
* Calculated the cost of employees being away from work sick due to bullying Which of the pieces of work that E has carried out is qualitative analysis?

A) Interviewing a sample of employees.
B) Collecting data of complaints
C) Producing a bar chart of incidences.
D) Calculating a financial cost

Solutions: