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CIMA E1 revision quiz
The goal of market segmentation is to
The 'technostructures' are
CIMA E1 revision quiz
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1
The 'technostructures' are
Middle managers
Supporting the operating core
Advising the operating core
Source of direction
2
The goal of market segmentation is to
Identify opportunities to save money
Identify those more likely to purchase a product/service
Take advantage of opportunities to make more money
Decide whether to invest in a product/service
3
Selection tests are
Always taken after interviews
Only used in assessment centres
Assessing a wide range of skills
Assessing personality only
4
Finance provide value by [blank], shaping and narrating
Entering numbers
Enabling
Evaluating
Exaggerating
5
Optimised Production Technology (OPT)
Is a non-computer based method
Integrates all departments and functions
Identifies and eliminate bottlenecks
Classifies stock based on value
6
The 4 V's in big data include
Vanity
Volatility
Venus
Velocity
7
Outsourcing is for strategic activities or complex processes only
TRUE
FALSE
8
Secondary stakeholders are
External
Internal and connected
Internal and external
Internal
9
The extended marketing mix includes
Place
Process
Product
Production
10
Cloud computing is
Using the internet for previous local hardware processing
Using local hardware for previous internet processes
Always private
Software as as service only
11
Knowledge management systems
Ensure businesses retain all Intellectual Property
Share knowledge externally
Only capture knowledge
Capture and manage knowledge
12
Porter value chain identifies
Pricing strategy
Competitive advantage
Cost savings
Primary and secondary activities
13
Internal audit department should report to the…
Nominations Committee
Audit committee
CEO
Finance Director
14
Confidentiality must be upheld
In all circumstances
Unless your line manager suggests otherwise
By CIMA members only
Unless you have a legal or professional duty to disclose
15
Costs of conformance include
All of these
Prevention
Internal failure
External failure
16
An 'E' in PESTEL stands for
Environmental
External
Ecological
Exchange rates
17
BCG: high market share, low growth is
Stars
Dogs
Cash cows
Question marks
18
Outsourcing IT to different suppliers is
Multiple sourcing
An incremental approach
A Joint venture
For Application Service Providers
19
The five A's in the Information to impact framework include
Acumen
Anticipating
Assessing
Aligning
20
ETL stands for
Extraction, transforming and leaving
Erasing, transforming and loading
Extraction, translating and loading
Extraction, transforming and loading
21
Which one is NOT a strategy for capacity management
Chase supply
Level
Demand management
Chase demand
22
IT Application Controls are
Specific to applications
General to the whole IT environment
Specific to databases
General to all financial systems
23
The 'V' in VUCA means
Versatile
Volume
Velocity
Volatile
24
A value system
Refers to our suppliers
Refers to our organisation
Refers to production through to delivery
Refers to our customers
25
A Just-in-time (JIT) approach manages inventory based on a level demand
FALSE
TRUE
26
A principles based approach to Corporate Governance
Is heavily prescribed
Was born out of the SOX Act 2002
Is the model followed by countries such as the US
Means 'comply or explain
